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

To: Glenn D. Rudolph who wrote (88568)	12/26/1999 3:34:00 PM
From: KeepItSimple	Respond to of 164684

Let's buy the man in the excerpt below a drink. He could have saved me millions. I really do believe ignorance is bliss. If I had been out of the loop, and never seen the inside of all these scam companies, I might have thought these kids were really working to change the world. But when you see your friends ALL quitting the day of their "vest fest" parties, you start to wonder. DAMN. I wish I could have understood that the vast majority of today's investors are just cretins. No- I had to assume they had at least some concept of reason or profit or integrity. Damn, damn, damn. I guess I was projecting! -------------------- His second misstep, Faber said, was failing to predict the frenzied scramble for Internet and other technology stocks. Many sell at unheard-of multiples of revenues and have no immediate prospect of earning a profit. "I have underestimated the enthusiasm, the speculative fever and the greed in the United States and around the world," he said. "I underestimated the stupidity of the public."