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

To: Victor Lazlo who wrote (123606)	4/12/2001 9:44:19 PM
From: Glenn D. Rudolph	Respond to of 164684

I have no clue why everyone is making such a fuss about Amazon.com. Penney is going to overtake them in on-line in very little time: "Catalog sales fell 10.4% as Penney eliminated underperforming specialty catalogs, shut outlet stores and faced weak demand for its big spring/summer catalog. E-commerce sales, a part of catalog sales, rose 65% to $33 million. " PS Penney's site is far superior to Amazon's in my opinion and their email promotions show they have retail experience.

To: Victor Lazlo who wrote (123606)	4/13/2001 1:28:27 AM
From: Skeeter Bug	Read Replies (1) \| Respond to of 164684

>><<i want rational markets. >> You'll never get them, and I am glad you won't.<< victor, you are being argumentative for argumentative's sake. you know what i mean. do i really need to explain it? anyway, since you so profoundly like irrational markets, it is you who, therefore, likes this bear market. enjoy it. don't complain about it - it IS the fruit of what you so dearly desire - irrational irrational markets. >>Skeeter, i have two concepts to offer you: money markets, and government bonds. Your way of looking at risk and natural cycles is not conducive to being around stocks, imo.<< when money markets make sense, i buy them. that is why i've been there with the vast majority of my money since jan/feb 2000 when the bio bubble bailed me out. actually, victor, i am quite capable of assessing rational risk. no, i'm unwilling to stick my head in the sand and buy on the principle that some other idiot, greater than me (not many out there when i decide to act foolish!) will buy a piece of paper at a price many times above the worth of what that piece of paper represents. i buy cheap. i under pay for assets. when a market is grossly overvalued, you are darn right i don't touch it. over the long term, that is an excellent approach. but don't say b/c the market represents horrible risk / reward at present that i'm somehow not cut out for the market. it will come to daddy eventually and people will be wailing and gnashing their teeth when as i transfer my dough from money market accounts into undervalued assets relative to the worth of the underlying company prospects and tell people they are foolish for buying at pes of 300 and selling at pes of 8...