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

AMZN 227.05

-1.1%

1:29 PM EST

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To: Jing Qian who wrote (51142)	4/18/1999 5:28:00 PM
From: stsimon	Read Replies (3) of 164684

Investing hasn't changes in 500 years and neither has speculation. The inets are in the grip of a speculative frenzy. All the longs have made money and believe it is different this time. It isn't. Enjoy while it lasts. In the long run earnings matter. The inets than can generate high earnings will be highly valued. They will be few in number. For now, though, it appears than any old dot com will do.

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