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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 239.16+2.1%Jan 23 9:30 AM EST

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To: Victor Lazlo who wrote (159183)9/4/2003 12:48:11 PM
From: hueyone  Read Replies (1) of 164684
 
re: double bubble---are you talking about the mkt or AMZN ?

Tech stocks and Amazon in particular. Seems like a lot of new economy investors that were in early are already cashing out their considerable winnings. Personally, I suspect the Naz has more to run, even though very few companies have any fundamental value at current prices. I suspect people hear the word "recovery" and tend to buy regardless of any fundamental values. Nevertheless, I am not committing new money at these levels on any plays that are contingent on a belief that the Naz continuing will continue to rally.
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