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


To: Robert Rose who wrote (96637)3/16/2000 1:29:00 PM
From: Danny  Respond to of 164684
 
<<You seem to be quite bullish in general right now>>

No, Rob. I am actually netural to slight bearish
to the near term of the tech sector. The damage has
been done in the past 3 days and is not going to
recover just like that. That's why I have 50% cash
up to yesterday and still have 40% today. That's
also why I dumped my RCOM a few days back and
put that money into PG.

But I have no doubt in my mind about the impact of
internet to our economy in the long term. B2B sector
is one of the major sectors I will continue to invest
heavily.

If this new economy correction continues, great! I will
pour in my money if NASDAQ hits its 25% correction mark.
I still remember last summer where we were able to
get many Inet stocks dirt cheap:)

Unfortunately, I played very very few biotechs and missed
the big run up in the sector. The only biotech stock I
ever had was a very very small investment in TGEN at 1 1/2.
Well, shit happens, you know:)