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

AMZN 229.55

+0.2%

Dec 5 9:30 AM EST

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To: Bill Harmond who wrote (144484)	7/30/2002 6:17:31 PM
From: GST	Read Replies (1) of 164684

All I know is every time I look at tech I feel completely uninspired. C is a company with some issues but with a valuation low enough to be under accumulation by institutions and with ample cash for stock buybacks -- and I don't mind going along for the ride. FMKT is the kind of company that just makes you feel that a tech recovery is a long, long way off in the future -- and only after even more punishing declines. We are in a divided market -- tech still going down and the rest stabilizing and trying to go up. C is better than OEX because it does not have to carry the dead weight of tech. Good luck.

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