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

To: craig crawford who wrote (126080)	6/6/2001 9:34:47 AM
From: Robert Rose	Read Replies (1) \| Respond to of 164684

craig, two comments: 1) quibble: the article's author chose cheap sensationalism for its title. replacing "bull markets" with bull market bubbles" would have been fine. "Jeremy Grantham says bull markets never fail to give back every cent of their gains" 2) barring the up, up and away platitudes found on the night lights from lodi thread, it's tough to refute grantham's argument. and you know what? even during the bubble i was talking like grantham. intellectually i understood that thesis, but when the bubble began unwinding, i simply couldn't fathom that it could REALLY unwind to the extent that it did. i mean, if POS insp was overpriced at 200 times sales, it had to be a relative bargain at 50 times sales LOL. btw, one of my favorite si gurus, for whom i have much respect, had this to say about the subject: Message 15895629 regards.