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

AMZN 228.44

+0.5%

Dec 22 3:59 PM EST

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To: H James Morris who wrote (150001)	11/12/2002 10:33:40 AM
From: zonder	Read Replies (1) of 164684

Well, everything has a price, though. And you must agree that some things are expensive sometimes :) >>You'll only know what a stock is worth until you sell it. I am not sure that I follow you there. >>Who does CORV compete with and how are their competitors doing? CORV is a telecom equipment company. Specifically, it does optical networking, with special concentration on the new DWDM technology that allows multiple frequencies on a single optical fiber. As you might imagine, all it's competitors are suffering bad - Nortel, Lucent, Ciena, etc - because telecoms ain't spending. Anyway, I am not invested in CORV, just like I am not invested in anything at this point. I am waiting for the market to come down some more and then I am investing in entertainment software (i.e. video games) and nothing else. I suggested CORV to you because I saw that a cash reserve was important for you and this company has twice its market cap in cash. If you believe the telecom market will turn next year, consider buying CORV.

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