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

To: Tom D who wrote (113779)	12/31/2000 6:44:33 PM
From: Bill Harmond	Read Replies (2) \| Respond to of 164684

I think they all hit bottom on or before Dec 20. Dec 20 was scary. There may be more B2B, there may be wierdness here and there based on preannouncements or whatever, but I think it's safe to invest in the leaders. I don't see how you could get killed over the intermediate term now. Yahoo is a screaming bargain. I think eBay will be a huge winner. VeriSign priced in line with drug stocks! Technically a lot of breadth oscillators are turning up rapidly now. The NYSE and Russell 2000 look cocked and ready to me. The only question to me is will tech participate. If ever there was a group ripe for the January effect it's tech. There aren't enough growth investments outside technology to satisfy inflows. Tech has to participate again because that's where most growth is. Tech could lag into the year without my concern. What's happening in techland is really happening, and sooner or later the charts catch up. If it's later then the slope is higher. Maybe the Big Guy was just mad at us for not realizing the millennium really turns at midnight tonight!