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

To: Victor Lazlo who wrote (114013)1/2/2001 9:46:54 PM
From: craig crawford  Read Replies (2) | Respond to of 164684
 
I'm glad GE is falling. Tells the Fed it isn't just techs that are in trouble, it's the economy stupid!

Forces money managers to take profits on old economy stocks and raise some cash. When they go to deploy that cash they will ask themselves, GE with growth in the teens and a PE of 30? Or CSCO with growth in the 30-40% range at a PE of 33.


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