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

To: John Chen who wrote (107881)	9/3/2000 2:58:33 PM
From: Sarmad Y. Hermiz	Read Replies (3) \| Respond to of 164684

>> I respect your noble mind of investing. But I think you need to 'redefine' invest in today's 'market' << John, I want to re-insist on my point earlier. Which is that the new economy stocks are by definition the ones whose ups and downs are defined by by herd psychology and the role of the herding assistants is to prod the herd higher up the cliff. Fortunately we have fewer unwitting herding assistants around here than before. Though they do visit occasionally. The fact that you never see a timely post from them saying "sold yhoo at 500, because the absurdity reached absurd heights" is all the proof I need. Instead they post about how many unfilled pages there are, or that gross margins are so high compared to cost of goods sold. Of course most of these apparitions do not have any goods to sell.