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


To: Sarmad Y. Hermiz who wrote (124695)5/7/2001 11:15:20 AM
From: Robert Rose  Read Replies (2) | Respond to of 164684
 
<Car repossessions are way up in Palo Alto area. Hundreds of cars have been repo'ed right from Cisco parking lots
and from restaurant lots. >

csco hq isn't exactly the palo alto area. (but i'm being a snob here <g>) seriously, provide a link, i dare you !



To: Sarmad Y. Hermiz who wrote (124695)5/7/2001 12:08:55 PM
From: Skeeter Bug  Respond to of 164684
 
>>I understand your point. The only thing is this particular manager has a 20-year history of high return in his fund. Like 17% annual average through bull and bear markets. Which is why it is puzzling that he invested in Amazon.<<

the last 20 years have been essentially a single bull market with relatively minor and short lasting corrections. at least until 2000.

i bet the fund mgr you speak of lost quite a bit since march 2000... that was when the *real* bear reared his head.

>>Anyway, here's an item more to your liking. Car repossessions are way up in Palo Alto area. Hundreds of cars have been repo'ed right from Cisco parking lots and from restaurant lots.<<

i read the article. i've always believed that personal finance s/b a course in grade school and high school. it only makes sense. however, big business doesn't want responsible spending behavior so i'm sure they make sure it isn't taught.



To: Sarmad Y. Hermiz who wrote (124695)5/7/2001 9:02:47 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
<i.>> don't give these goons too much credit.
I understand your point. The only thing is this particular manager has a 20-year history of high return in his fund. Like 17% annual average through bull and bear markets. Which is why it is puzzling that he invested in Amazon.



Can we acertain their average price per share? That may have something to do with the recent comments.