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

To: Sarmad Y. Hermiz who wrote (103961)	5/24/2000 10:26:00 PM
From: schrodingers_cat	Read Replies (1) \| Respond to of 164684

Even some of the stocks with earnings have pe ratios well above historical norms. Message 13771840 Another thought...if fundamentals didn't halt the nets on the way up, maybe they won't support them on the way down either. There is a logic to momentum selling once it really gets going. OTOH the strong economy is giving people money to invest, and the returns in tech over the last few years won't soon be forgotten. I think that we settle somewhere between 2500 to 3000 this summer, after that depends on the condition of the economy.