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

To: Alomex who wrote (109734)	10/6/2000 2:13:52 PM
From: NOW	Read Replies (1) \| Respond to of 164684

<I'm as bearish as they come, but this is just nonsense.> granted its nonsense, but more non-sensical then nasdaq 5000?

To: Alomex who wrote (109734)	10/6/2000 6:30:19 PM
From: re3	Read Replies (1) \| Respond to of 164684

Alomex : a) do stocks HAVE to keep up with inflation ? (i.e. is it some sort of government law ?) b) certainly technology can and will drive very nice economic expansion, but which technologies and which companies ? aol is likely the all-timer of the internet era. is aol in the nas ? in the dow ? nope. how has microsoft done since being in the dow ? by the time a high tech star GETS into an index, perhaps its best days are behind them. c) if you wish, please refer to a site called goldminingoutlook.com and find the long long term target of the dow on this site. i think its 1700. so, i'm not alone in "nonsense-ville" !!

To: Alomex who wrote (109734)	10/6/2000 8:40:50 PM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 164684

>> NASDAQ was last at 600 in Oct 92. Just to account for inflation NASDAQ has to be at 1000 or so. Surely eight years of technology-driven economic expansion would add at the very least another 300-400 points... << What about all the new stocks that were added to nasdaq. Do they INCREASE the composite number ? Or are they averaged in, and only the RISE in the capitalization would add to the nasdaq number ? If anyone knows how nasdaq treats new ipo's please chime in. Sarmad

To: Alomex who wrote (109734)	10/6/2000 10:03:04 PM
From: Skeeter Bug	Respond to of 164684

>>Surely eight years of technology-driven economic expansion would add at the very least another 300-400 points...<< technology driven? try debt driven with a several toppings of statistical manipulation beginning in 1996. debt and statistics is why the "numbers" look good. although, i don't think i would consider naz 600 as "generous." ;-)