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


To: microhoogle! who wrote (119963)3/10/2001 1:10:24 PM
From: Skeeter Bug  Respond to of 164684
 
mb, they may "survive," your word, not mine, but they may have stock prices well below current levels. as demand for end product and stock prices fall, management tends to control what they can and cut people, cut people, cut people.

my picture has not changed since the last time we were at naz 2000 on the way up. my picture is grounded in history and basic economics. this time "isn't" different.

doesn't anybody else see demand melting? doesn't anybody else see that the dot.coms spurred demand like there was no tomorrow for computer, networking and component companies? doesn't anybody else see the dotcoms were really dotboms and all that demand is gone? billions in vc money is now gone. now, there is capacity to support the dotcoms but there are only nonfunded and bankrupt dotboms left.

pick the bottom AFTER business have stabilized, imho. buy the dip, as so many did, has put many in disasterous financial circumstance.