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

AMZN 232.49

+0.2%

Dec 30 3:59 PM EST

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To: fedhead who wrote (141250)	4/2/2002 7:46:33 PM
From: Rob S.	Read Replies (1) of 164684

The so called bear market has ended for the broad market but not ended for the Internet and other darling flying pig casino stocks imo. The S&P small cap 600 index has been reaching new all time highs recently and the mid cap index isn't that far behind. It's only the "Pig Fest 2000" stocks that are still under extreme pressure. Those also tend to be the stocks that were subject to the easiest accounting treatment . . . the new age rules of "do whatever you can get away with and your accounting firm can be bribed to allow". There are still good reasons for many speculative and highly valued stocks to go down and stay down until they perform. but good reasons for the old economy and even some tech stocks to move up. The "economy" has never been the problem. There hasn't even been a true recession by most measures. Call it a secular bubble-mania collapse or return to sanity, not recession, not even a bear market. Just things going up and down as they should.

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