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


To: Bill Harmond who wrote (100170)4/12/2000 4:31:00 PM
From: Sam Citron  Read Replies (1) | Respond to of 164684
 
William,

If you plan to hold them, why do you watch them? Doesn't it make it much harder?



To: Bill Harmond who wrote (100170)4/12/2000 4:43:00 PM
From: H James Morris  Read Replies (2) | Respond to of 164684
 
>I hate this decline, but I'm not going to change midstream.
Billy,
Your in a downstream vs a midstream...I'm told people like us over 21...can't change.
Lets hope both of us don't end up broke.
Btw
Maybe it would be a good idea...to tell the younger ones here how much you've pissed off...since the new millennium started.
How much we made before Jan 1...is history. Its like a cancelled check!
You where right in Jan/Feb...but your addiction brought you back in!



To: Bill Harmond who wrote (100170)4/12/2000 4:50:00 PM
From: mike machi  Respond to of 164684
 
~If I were a timer or trader I'd have a cash position waiting for a clear bottom. ~

Cash in hand and looking for that clear bottom..

` The damage is unbelivable.

I believe we are witnessing a relentless negative juggernalt in sentiment that is out of way out of control..... So much for the wealth effect and increased spending, next move please...

RMBS with earnings,, now down another 22 AHours



To: Bill Harmond who wrote (100170)4/12/2000 4:55:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
My plan is to stay the course. I have stocks with outstanding prospects and I plan to hold
onto them.

If I were a timer or trader I'd have a cash position waiting for a clear bottom. That's not my
profile now.

I hate this decline, but I'm not going to change midstream.


William,

I agree with your approach on this. I was just discussing this with my wife and concluded that possibly a few firms may not re-bound to my buy price. Others will far exceed it so if I just be patient, this will have turned out to be an opportunity to have picked up stocks that I let go or ignored way too soon. I did not buy at the bottom and we may not be at the bottom but I also did not buy any of these at their highs. Many have huge opportunities.

I skipped AMZN ;-)

Glenn



To: Bill Harmond who wrote (100170)4/12/2000 5:45:00 PM
From: Bearded One  Respond to of 164684
 
A reversion to the mean would be a Nasdaq of about 1000.

What you really want is a continuation of the bubble, damn its effects on the true economy.



To: Bill Harmond who wrote (100170)4/12/2000 5:49:00 PM
From: Mama Bear  Respond to of 164684
 
"I hate this decline, but I'm not going to change midstream."

We've heard that before.

Regards,

Barb



To: Bill Harmond who wrote (100170)4/12/2000 7:32:00 PM
From: Eric Wells  Read Replies (1) | Respond to of 164684
 
I think this selling has reached rediculous proportions

William - I don't like to see anyone lose money. But in the last two weeks, a lot of people have lost a lot money. In fact, everyone I know that is in the market has lamented of the pain of losing money.

But why has the Nasdaq gone down over the past two weeks? Is the move unwarranted? To say so would be to say that at Nasdaq 5000, tech stocks were valued appropriately. Yet, at Nasdaq 5000, no one that I know of was using any sort of "valuation" method to establish appropriate price levels for stocks. Analyst price targets were, and still are for the most part, based on flimsy analysis.

So why are we at Nasdaq 3769? Are tech stocks undervalued now? If so, what method of valuation does one employ to come to this conclusion?

If we revert back to Graham & Dodd and look to PE ratios, then a good argument could be made for the idea of the Nasdaq falling even further.

-Eric