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

AMZN 229.12

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Nov 26 3:59 PM EST

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To: HG who wrote (39831)	2/13/1999 2:12:00 PM
From: GST	Read Replies (2) of 164684

BTW Happy Girl--your assertion is so out of whack with reality that it bears (no pun) one more observation. Bubbles vs. investments. The Japanese, bless their non-American souls, know a thing or two about bubbles -- their OTC market which is something like our NAS is down 80% from its peak -- now almost ten years ago. The Japanese don't laugh out loud much, but your comment would get at least a few of them rolling on the floor in tears laughing their guts out. You see, in a bubble, you stand to lose EVERYTHING. And many, many did. They said they would never sell -- then they ALL sold. They said real estate prices would never go down because real estate was a rock solid asset -- literally -- and then real estate plunged 80% -- and since most people were leveraged (100 yr mortgages) -- they lost more than everything. Your comment is plain ignorant of the facts -- in a bubble, most people lose their shirts --lets not confuse it with investment -- much less 'saving'. BTW the Japanese save about a third of what they make. Care to guess what Americans save? If you guessed nothing you are close.

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