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: GST who wrote (78097)	9/22/1999 9:18:00 PM
From: Bill Harmond	Read Replies (1) \| Respond to of 164684

You worry too much. If my net worth didn't get cut in half during the past five months, it isn't going to.

To: GST who wrote (78097)	9/23/1999 10:51:00 AM
From: John Donahoe	Read Replies (5) \| Respond to of 164684

RE: However, eventually the erosion of the foundations of the market -- as indicated by breadth,* etc. -- will catch up with the 'leaders'. When the multiples collapse, they will 'lead' no more.* If we are in a "new economy", as the bulls suggest, wouldn't you expect traditional technical indicators, such as the breadth indicators to lose their significance? The breadth indicators have never bothered me since I expect leadership companies to assert themselves and gain market share at the expense of traditional and also ran companies. It's a race where a few will win but many will lose. Negative breadth simply means that there are going to be a lot of losers in our transition to the "new economy".