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


To: schrodingers_cat who wrote (120354)3/13/2001 7:41:53 PM
From: GST  Read Replies (1) | Respond to of 164684
 
This time last year when I posted that many tech stocks could lose 90% of their peak prices and STILL be overvalued I meant it -- and yahoo and amzn are prime examples. The market is not cheap even after all this -- I agree. There are many companies that will drop substantially from here -- hard as that is to believe after a year of sliding. But it is still nice to have a pause on the way down. And some stocks have attractive futures AND valuations -- I thought the bounce in ITWO was encouraging today for example. Good luck.



To: schrodingers_cat who wrote (120354)3/13/2001 8:32:55 PM
From: Victor Lazlo  Respond to of 164684
 
<<Retail sales look like they are holding up. >>

strictly a reaction to Fed rate cuts.

Besides, we live in a mall culture now. People will starve themselves and their families before they give up "going to the mall"....