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

To: Eric Wells who wrote (80152)	10/11/1999 2:18:00 AM
From: dbblg	Read Replies (1) \| Respond to of 164684

I don't think the market is a casino. I think different constituencies have different reasons for owning stocks, and many of these reasons have only tenuous connections to earnings and quality of earnings. I haven't read Barron's this weekend, so I don't want to wade out too far out here, but I do think, as a general rule, it is dangerous to attribute price moves which persist past the very short term to generalized investor stupidity, laziness, or cluelessness.