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Technology Stocks : Loral Space & Communications

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To: Joe Brown who wrote (5220)1/29/1999 9:13:00 AM
From: Sawtooth  Read Replies (2) of 10852
 
<<To watch people who have no market experience or knowledge make piles of money blindly buying AOL, YHOO, AMZN, etc., and in so short a time, absolutely astounds me.>>

Isn't this about the closest thing we have in recent memory to replicate the purely speculative element of the crash of 1928? Isn't there great question about whether AMZN and some (or many) of these other companies will ever record a net profit? Eventually someone is going to be left holding the sh!_ bag. (Or, maybe I'm just envious that I didn't follow my instincts and jump on AMZN at $18 <ggg>. 'Course it could have sailed down to 30 cents.)

Best.
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