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

AMZN 229.12

-0.2%

Nov 26 3:59 PM EST

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To: Bill Harmond who wrote (60775)	6/5/1999 4:01:00 PM
From: Sarmad Y. Hermiz	Read Replies (1) of 164684

Hi William. >> much more wealth has been created by the Internet stocks than destroyed by them..I think that will continue for years to come. << Yes, but only for two classes of market players. The insiders and the skilled traders who sell into the frenzy and buy into the depression. My opinion is that there will not be outsized gains for anyone else. Think of PCLN, eToys, TSCM, MKTW and all the new IPO's including IVIL. Like anything else, some people can squeeze money from a rock, the rest will washout and leave their money behind.

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