Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: James Thai who wrote (71504)	8/3/1999 1:21:00 PM
From: Tom D	Read Replies (3) \| Respond to of 164684

Internet stock valuations are disconnected from fundamentals. It is too early to call a bottom, IMHO. What is to stop all these stocks from being at 50% of their current levels in a month or two? Their valuations are disconnected from fundamentals, so the "new and revised" valuations could be reset at far lower levels. At $90 per share, AMZN is at $540 per share presplit. There is still room for more decline. As Rob S so eloquently phrased it, <<First we need a REAL sell-off - the kind that wrenches investors guts and cleans out the over-valuation mentality.>> Tom D

To: James Thai who wrote (71504)	8/3/1999 1:21:00 PM
From: GST	Respond to of 164684

James <This is starting to feel like a bottom, no?> No.