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


To: Bill Harmond who wrote (118495)2/24/2001 9:28:24 PM
From: GST  Read Replies (2) | Respond to of 164684
 
Actually, anybody who thinks Yahoo is growing at 50% looks silly. Anybody who swore that telcom equipment sales could not decline because the telcom companies "had to buy" their equipment no matter how bad their financial condition looks silly. Anybody who denied that tech stocks are cyclical looks silly. Anybody who ignored the impact of energy by saying "it has no connection to the new economy" looks silly. Anybody who talked of "unlimited potential" looks silly. Anybody who called fifteen bottoms along the way down since last April looks silly. And anybody who looks silly in all these ways and yet cannot admit he is the least bit silly -- that person looks looks totally ridiculous.



To: Bill Harmond who wrote (118495)2/25/2001 12:32:29 AM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
At a fresh low in a bear market anyone holding positions looks silly.
Cisco has declined 70%.



Bill,

I believe you are referring to Amazon. Cisco still has great fundamentals although they are fighting more competition. Amazon has no positive fundamentals and I have been saying that for years. Amazon's stock will likely never recover to any real degree. Cisco's will.

This is not intended as an insult. If you can't see the problem with Amazon (the company), you need more education in the funamental arena.

So I ask again. Are you yet willing to concede that Amazon will never be the kind of success you were of the belief it would be back in 1998 and 1999?

Glenn