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

To: Robert Rose who wrote (109088)	9/27/2000 3:29:42 PM
From: GST	Read Replies (1) \| Respond to of 164684

Rob: "fundamentals look great". Geez Rob, do they really look great?? Markets move in trends. The warnings we are seeing are not of concern as one shot deals -- only of concern if the mark a shift in trend. And if they do mark a shift in trend, then both fundamentals and valuations stink -- meaning we can go a lot lower and not have any meaningful recovery for a year or more. That is why there is so much steady selling -- concern that we are nearing a lasting downturn in the market. That makes each rally a suckers rally to burn off cash until there is no cash left -- only suckers holding stock that will languish at pathetic valuations relative to recent prices for some time to come.