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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.38+0.1%Dec 24 12:59 PM EST

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To: 10K a day who wrote (151189)1/1/2003 10:22:36 PM
From: Lizzie Tudor  Read Replies (1) of 164684
 
>I recently read overall naz mkt capitalization is 1/8 of peak now.
Lol. that's funny. what do you expect with infospace at a market cap of 30+ billion...and JDSU > 100 billion...Yahoo > 100 billion...Lol

Crazy....absolutely crazy.


I know... I can't find that article anymore about total naz capitalization... but 7/8 correction from peak to trough actually seems TOO LOW!! LOL Just take a look at the networking sector geez- SCMR, RBAK, TELM, RSTN the list goes on and on these were all valued in the BILLIONS!

And remember GNET... how about all those b2b exchanges, not even the software companies but just the exchanges those were in the billions... Chemdex... neoforma...blah blah

ICGE and CMGI at what- 40 billion?

I think total naz capitalization is more like 1/20 of peak but I can't find the statistics anywhere

having said all this we have gone too far the other way now and the remaining companies are going to be wildly profitable in the next few years imo
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