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


To: H James Morris who wrote (96357)3/14/2000 1:02:00 PM
From: Robert Rose  Read Replies (1) | Respond to of 164684
 
<In all seriousness I was more surprised to see them get so far ahead of them selves.>

Relative to the inets, they weren't that overvalued. Of course the inets are overvalued. That's the sign of an extended bull market. When you justify overvaluation by comparing it to overvaluation. I was surprised we didn't have more of a nazdaq correction in Jan/Feb. That fact perhaps explains the current weakness (alot of the inets have been basing).

<I got spanked yesterday in Asia, and I wasn't expecting it either.>

I am very tempted to play Asia, given the market opps, but the political volatilities tell me that my money is safer here in the US in stocks like cra, abgx, affx, etc. (LOL)