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To: musea who wrote (391)	11/30/1999 10:54:00 PM
From: Chuzzlewit	Read Replies (2) \| Respond to of 419

Musea, I too wonder about the AMZN "investor". Surely, someone, somewhere, must read the cash flow statement. I think a lot of this runup is due to the sponsorship of the big investment houses. When you have a bunch of people valuing a stock on the basis of multiples of sales you've got to know that something is very wrong. And yes, I've looked at companies like CSCO and SUNW. Add JDSU, QCOM, SEBL and a few others to the list and you have a rogues gallery of vastly overpriced issues. Your analogy about skating on thin ice rings true with me. I know the ice is going to break, I just hope I'm smart enough to get out before it happens. TTFN, CTC