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

To: radames who wrote (71602)	8/3/1999 5:40:00 PM
From: Paul Merriwether	Respond to of 164685

not convinced that the market is sinking. Some bloated stocks are on a diet program, but the bellwethers are doing OK. For instance, on this "gloomy" day, intc made new all time highs, msft held its own, gm&mo were stable. As I see it, some of these media/interactive TV stocks are poised to redefine e-commerce, interactivity etc. I sincerely suggest that you research the sector before taking a position(it may turn out that shorting dish is the best position after all), but don't short this class of stocks because of valuation, "pe ratio" etc.(atleast not yet). Also look at GMST(old symbol GMSTF) in detail(I bought into it 3 years ago, am up 1100% on those original shares but think that the company is still grossly undervalued).