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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.12-0.2%Nov 26 3:59 PM EST

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To: Skeeter Bug who wrote (156998)5/7/2003 10:08:25 AM
From: hueyone  Read Replies (1) of 164684
 
lizzie, the problem was those high growth sectors never shoulda grown as fast they did. that's why we have a bust now.

Exactly. The wonderful economy of the nineties wasn't a healthy, efficient economy at all. It was marked by the most inefficient flow of capital in history spurred on by companies in Silicon Valley's grossly overstating their performance. It would be better to call it "The Great Silicon Valley Pro Forma Economy".

Regards, Huey
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