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

To: Randy Ellingson who wrote (101230)	4/17/2000 3:24:00 AM
From: Eric Wells	Read Replies (1) \| Respond to of 164684

Randy - thanks for your reply. I presume that's not the case with any 401k or other tax-deferred, retirement investments you may have...? I switched my 401k out of MSFT to a money market about two months ago. So, yes, I'm all cash. Essentially, yes, given the information available at the time. I hope it's not a cop-out to say "markets fluctuate". How do you determine the appropriate value of a company's stock? Or do you believe that whatever price the market sets it the appropriate value? As for being bullish, I can say I'm optimistic (OK, that's pretty much bullish, right?) that the investments I have chosen will collectively outperform the market. From past posts, I seem to recall you owning AMZN and CNET. Do you really believe these companies will reach levels of profitability to justify even their current stock prices? If you still do own AMZN, I would be curious to know what piece of information might shake your faith in the company? I don't know. How about you? I think it will be quite some time before we see Nasdaq 5000 again. Although a lot of investors have lost a lot of money the last two weeks, I would not be all that surprised if we were to see manic buying again in two to three months. However, if I were to guess on when the Nasdaq will reach 5000 again, I would guess at least a year (but this is nothing more than a guess). Thanks, -Eric