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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.35+0.3%Dec 19 9:30 AM EST

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To: Bill Harmond who wrote (52078)4/21/1999 3:31:00 PM
From: GST  Read Replies (2) of 164684
 
William -- I don't want to evaluate people, but I look at some stocks and see the logic of their values and for others I don't. I look at QCOM and LSI and see it. Does DLCK do much more than KIS suggests? I don't know. But it seems to me that we are in an environment where people put their money on the table without asking many questions. With AMZN and the people who boost it -- we are told it could trade in a range between 0 and 3,000. If KIS is the only one left who takes the time to point out that AMZN could be 90% hot air already, I think he is doing something nobody wants to do here. May is sometimes like October. We will see who looks better in a month. Probably much, much sooner. As to the big bang -- can't argue with that. People who underestimate the size of the bang don't know what they are dealing with. But in this period, there is every likelihood that many, if not most of these stocks are a flash in the pan.
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