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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Eric Wells who wrote (69150)	7/23/1999 11:57:00 AM
From: Paul Merriwether	Read Replies (1) \| Respond to of 164684

Eric Those points are well understood and have been discussed and rehashed. Unfortunately, many people have lost big $money(through shorting or "unrealized profits") trying to rationalize the mania. And it is a mania--you choose to participate in it, long or short, at your own risk. regards p

To: Eric Wells who wrote (69150)	7/23/1999 1:02:00 PM
From: Jan Crawley	Read Replies (2) \| Respond to of 164684

So - I'm open to hear other views. Why should Yahoo be valued at $30 billion? Eric, ask youself, "why should I put $100 into a slot-machine"? So I think that: don't analyze the machine, the odd-stats, just focus on the players and Mo cycles if you choose to play. I think that "people buying net stocks" are "thinking" that it will go up a lot and people shorting are thinking that it will go down for a qucik$$. IMHO, there is nothing noble or rational about buying/shorting the net stocks, so I don't seek justifications. But always enjoy your "rational" analysis and thoughts; and I know that you are right sometime in the future.