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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.37+0.2%3:59 PM EST
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To: Verkaylac who wrote (21644)10/15/1998 10:42:00 AM
From: Jay8088  Read Replies (1) of 164684
 
I tend to believe that the 'crazy bubble time' would soon come to its rightful end. With hedge funds blowing up, a lot of leverage - and thus liquidity is disappearing from the system. Bubbles will burst sooner rather than later and the larger economy will slow as credit crunch develops (which will affect most business earnings). In such an environment, speculative stocks like AMZN have little room to maintain fantasy valuations. AMZN mania would end with a crash. Once again sooner than later, IMO.
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