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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 (144486)	7/31/2002 12:03:04 AM
From: GST	Read Replies (1) of 164684

"That's just the way you're wired." Me? LOL -- I did not make fmkt go right into the toilet after its quarterly report. I didn't make nuan drop 98% from its highs. No -- its not me. Its the vast majority of investors who have learned from very, very painful experience that valuation matters, and that at today's prices tech is really hard to get excited about from a valuation standpoint. A handful still hold on to their losers and hope -- and then the writing appears on the wall -- and it says "sell this dog because its never going hunting again".

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