Amazon.com, Inc. (AMZN) Message Board

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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 228.44

+0.5%

3:59 PM EST

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To: GST who wrote (139816)	2/25/2002 2:35:31 AM
From: schrodingers_cat	Read Replies (1) of 164684

Hi GST! I view the enterprise software companies as capital equipment makers, so they seem like good plays on an economic recovery. Nasdaq looks like it is heading for a retest of the lows IMO, so I'm being patient. As for oil service, the US is having a record warm winter and there is currently a large surplus of gas. Drilling is declining in the US. Surprisingly, the stocks are doing well. The market seems to be focusing on the longer term demand growth projections for gas, on the war risk and on OPEC's success in pushing up the oil price. Oil service stocks are either making a short term top or they are about to break-out IMO. I'm not betting on a break-out.

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