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

To: schrodingers_cat who wrote (103969)	5/24/2000 10:59:00 PM
From: Sarmad Y. Hermiz	Read Replies (2) \| Respond to of 164684

>> 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. << This is the part that is a problem, though maybe not in the way you said it. I'm thinking that the gamblers will not want to invest in non-momentum stocks like Ford or Sears, etc... because they move too slow. So as long as there is money, it will go into the volatile stocks. Of course this money will steadily be lost by the new econ gamblers and end up with the brokers and banks. And until then, the value stocks will languish. That's why I would like to see a big crash that wipes out the new econ fools, so we can get back to normal values. The reason I pick end of July for NAS 2500 is that by then most dotcoms will be 3 months closer to bankruptcy, and the reports will make that obvious. Anyway, the capitulation by one of Amzn's biggest bears today was a helpful sign in that direction. There truly cannot be anyone left to buy. Unless it is HJM!