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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 237.58-2.7%Nov 13 3:59 PM EST
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To: Randy Ellingson who wrote (51469)4/20/1999 10:32:00 PM
From: Rob S.  Read Replies (1) of 164684
 
The net stocks did snap back quite a bit. The broader trend is for continued rapid growth of the Internet, for growing on-line trading and for more enthusiasm for any company named .com. I think that the Internet companies are both highly overvalued and likely to get more so before it's seen whether or how much profits they will make. But I will stick to my view of the short-term that new highs will be harder to come by and a pull back this summer is likely.
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