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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 220.66+1.6%Nov 21 9:30 AM EST

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To: KeepItSimple who wrote (31762)12/30/1998 11:20:00 PM
From: Victor Lazlo  Read Replies (1) of 164684
 
KIS, as i have said before, I do not begrudge any investor of profits made in the i-net stocks. More power to them for their savvy and market insight, I say. They have the moves I do not, for sure!

My problem is with the valuations of these things far surpassing, in 6 months public, companies that have been grown for 30 years or more and will be around for 50 more years, that are profitable and increasing their dividends, ect. The value equilibrium will return, though, IMO, and sooner rather than later.

If nothing else, yk2 hurdles and internet co's debt levels will see to it.

Oh well.
Victor
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