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


To: craig crawford who wrote (113245)12/21/2000 9:40:24 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
Analysts run in herds, just like so many investors do.

And once the pendulum has swung far enough in the bearish direction, it can only swing back the other way on its own weight. I think it is near the extent of its bearish swing. But I also think that once the market stops going down it will simply base for several mos in a rather boring fashion.

I do not see any reason to think we will start a steep tech rebound upward following the bottoming out. I am looking for good growth stock values outside of tech. And there are many. Blasphemy, i know..
Victor