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To: Zardoz who wrote (50164)3/7/2000 10:27:00 PM
From: The Barracudaâ„¢  Respond to of 116752
 
The only thing growing at amazon are the losses

You need to spend money to lose money



To: Zardoz who wrote (50164)3/7/2000 10:29:00 PM
From: Enigma  Read Replies (4) | Respond to of 116752
 
Yes - but so many of the tech stocks have been going up simply because they are 'tech' stocks - ot have some other magic word association - like 'wireless tech', or 'bio tech'. If we have a real blow out then a lot of this will go up in a puff of smoke.



To: Zardoz who wrote (50164)3/8/2000 11:21:00 PM
From: mick  Respond to of 116752
 
I agree I don't understand the markets any more. This company has been profitable day 1 and growing earnings at ~ 30 %/yr yet trades at less than 4x earnings. The business is so simple to figure out.

Take a look and comment

ca.finance.yahoo.com

ps Cisco is a good company though I still feel it is trading very high.now look at the balance sheet of KCA - until less than a month, they were close to insolvency. Now...
And Vengold and UBS undervalued ???

The tech stocks are the latest flavour (gold was the flavour of the early 90's). In a few years, anyone who looked at these as long term investments at todays prices is going to share their heads and wonder what they were smoking.