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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 233.95

+0.3%

Dec 1 3:59 PM EST

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To: Bill Harmond who wrote (36318)	1/24/1999 5:30:00 PM
From: Dell-icious	Read Replies (2) of 164684

Hmm. Is it possible that there are very few people who share your thoughts about the Internet Sector's fall being linked in any way to Brazil's devaluation or China's potential devaluation ? It's strange that the internet sector's rise during the asian crisis was attributed to their being impervious to the asian consumer's ups and downs. Don't tell me that you bought YHOO and AMZN late last year because you saw the global markets improving and you sold this year because of Brazil ! You bought them because they are great companies. Probably great long term holds and you sold because they had come too far too fast. Everyone else in the Internut sector had been thinking similarly and so it was overdue for a big correction. How all of this has any relevance to a China Devaluation or Brazil beats me. Care to explain ?

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