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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: GST who wrote (144657)	8/4/2002 1:14:28 PM
From: Lizzie Tudor	Read Replies (1) of 164684

For the average mutual fund investor how much do think they are down? 30-40%? From the 2000 high? I'd say more like 60-70%. I mean most mutual funds underperform the indexes right? My guess is absolutely no new money is coming into mutual funds from this class. I don't know... just guessing like everybody else. But I know people who own some tech stocks around here, something that was once $125./share and is now $2. They aren't going to sell now, it isn't worth it to them. So that group has already "capitulated". hey on another topic- have you seen recently somewhere, where Barton Biggs has said positive things about gold and the metals? I heard this (well it was something cut and pasted on a yahoo thread so no verification)... I'd love to read what he has to say. He was a bear in the late 90s, on stocks AND gold I thought. He recently went bullish on stocks so gold too would be interesting. L

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