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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 238.82-1.2%1:31 PM EST

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To: Glenn D. Rudolph who wrote (136907)1/13/2002 2:41:27 PM
From: H James Morris  Read Replies (1) of 164685
 
>>The point is they have poor management?<<
My point is the Investors who jumped into the "last mile" stocks should have been able to figure out a long time ago what you just said.
As I understand it the buyers of those stocks today are bargain hunting. I bought some Ciena last week at 15...which might have been a mistake.
Ps
There was also greed and corruption going on too. Start ups were giving potential buyers stock, if they ordered their optical products.
In my day they called it a payoff, in the new economy they called it a gift.
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