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

To: Michael Young who wrote (73896)	8/15/1999 2:02:00 PM
From: Mark Fowler	Read Replies (1) \| Respond to of 164684

Clueless investors: CMTN After CMTN released the record surprised earnings, traders and investors, came to this stock all at once it left a huge gap and then over bought this stock. However under current market conditions, the nervous traders and investors oversold this stock. What happens in this sector is when one stock moves up it gets sold and traders move into the others. It is still the same company. Nothing changes. So, does this means this is not good company? No, this is still good company. The sequential growth is 78% and over 1000% over last year. So is this stock overpriced? under the current price, the answer is no. P/S is 37 and it is making money. Look at the estimate, the earnings growth. Look at RBAK. Its P/S is 112 and losing money. Is it a leader of its sector? Quote: CSCO (John Chambers) "The implementation of high-speed access via cable and phone wire will continue unabated".