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

To: H James Morris who wrote (128225)	7/12/2001 8:51:44 PM
From: Victor Lazlo	Read Replies (1) \| Respond to of 164684

<<You can't argue with the fact Msft has run from 40 to 70+ in the last 7 months...in the worst bear market seen in 20 years.>> HJ you won't hear me argue. So much about the market's behavior is counter-intuitive. Things go up and down in complete defiance of what you (or at least me) would think is logical....

To: H James Morris who wrote (128225)	7/13/2001 12:36:11 PM
From: craig crawford	Read Replies (1) \| Respond to of 164684

>> Did you notice MSFT blew off $2.5 billion on bad investments? << hence my claim they are going to break-even. actually a penny after the charge. i notice when msft and other companies were making big money off investments they didn't separate the gains from the earnings release, but now that it's working against them it's a charge, separate from pro-forma earnings. that's why this bear market is going to continue on and take more stocks down, we have had so many accounting gimmicks over the years that real weaknesses in company reports are hidden or explained away. that is going to haunt companies on the downside as much as it boosted them on the upswing.