Amazon.com, Inc. (AMZN) Message Board

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

AMZN 227.05

-1.1%

1:29 PM EST

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To: GST who wrote (144640)	8/3/2002 11:16:52 PM
From: Lizzie Tudor	Read Replies (2) of 164684

But I did not sense outright "fear". She was not selling because she realized she could lose what little she has left. That is the "fear" stage I think we have yet to go through. When AMZn is at $2 the process will be complete. I think there isn't going to be any fear stage like so many are waiting for, simply because there isn't enough value left in many equities to bother selling. If you're talking about general economic fear, as in early 80s steelworker and autoworker type fear, then who knows maybe thats coming or its here. But as far as stock market panic selling... that was around the 60-70% decline stage not the 98% decline stage I'm thinking... well, jmo. Lizzie

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