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

To: Eric Wells who wrote (87733)	12/16/1999 6:55:00 PM
From: GST	Read Replies (1) \| Respond to of 164687

Eric: Another nutty day in the markets. I held my AMZN puts -- they are around break even. Naz up 93 points and AMZN still down on the day -- I would like to believe a down day will drive AMZN through the floor -- preferably tomorrow :)

To: Eric Wells who wrote (87733)	12/16/1999 7:00:00 PM
From: Randy Ellingson	Read Replies (2) \| Respond to of 164687

And some people don't believe this is a mania. I think that's a broad brush. Aren't there always signs of a mania in the market? Couldn't one find excessive speculative trends in the market during the gloomy years of 1973-74? Do you realize we could be looking back five years from now, with the Nasdaq at 6400, and we'll have experienced ten years of growth at an average rate of 23% a year? And that we'd still average 11% share price growth over the coming five years? But nobody knows if that will turn out to be an optimistic or pessimistic forecast. So choose your companies carefully... Randy P.S. Disclaimer: I own a huge amount of KTEL now that they're running Linux. Not! ;-)