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

To: Danny who wrote (110430)	10/13/2000 2:09:50 PM
From: GST	Read Replies (1) \| Respond to of 164684

Danny: "some paranoid posts". There is no telling where a recession could take stock prices. I just bought a stock for $13 3/4 that somebody else paid $156 for not too long ago. The Naz still trades at over 100 times earnings. The IPO price was about $16 I think. If I had posted a note to the person who paid $156 and said I thought the stock would soon fall below its IPO price, I am certain it would have seemed like a paranoid post. I posted to this effect on many occasions about stocks that did indeed do exactly that. Anything -- absolutely anything -- is possible. NAZ 600 would just take the Naz down to a reasonable multiple for a pretty bad recession. Good luck, and btw, I am not calling for Naz 600.