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

To: H James Morris who wrote (128637)	7/19/2001 8:27:58 PM
From: craig crawford	Read Replies (1) \| Respond to of 164684

the problem is people like william, mark, sarmad, etc think that when the "economy" bottoms, their tech stocks bottom. when i think of the economy bottoming, i think of basic materials and industrial companies. william, mark, sarmad, and others think their bloated pos bubble stocks are THE economy but they are sadly finding out that a different type of economy is set to re-emerge. too bad everyone else is still stuck focused on the "new economy". the new economy may bottom in 2002, but stocks bottomed in 1932 and didn't make new highs until 1954. so bottom doesn't mean boom times or bubble, it means stock prices stagnate and your wealth is slowly eroded by a government which chooses to monetize the debt at your expense. the way to protect yourself from a confiscatory government in the aftermath of a bubble where inflation adjusted returns on stocks are negative is to own hard assets.

To: H James Morris who wrote (128637)	7/19/2001 8:40:16 PM
From: craig crawford	Respond to of 164684

>> The next time you short a stock let me know in advance. As you should know I've never been opposed to shorting stocks. << everytime i mention shorting stocks you tell me to quit telling you what to do and do it myself. i have made no secret that bloated overvalued pos stocks like brcd, brcm, beas, chkp, cien, xlnx, vrsn, ebay, itwo, emc, jnpr, sons, pcln, ge, etc etc are all better shorts than longs. basically just short anything with a triple digit pe, not a lot of cash or lots of debt, and it helps if people are trying to bottom fish thinking it's cheap. i mentioned it's very close to time to short amzn, i want to see 17.50. ge is ok to short here although you should prepare for it to see 50. p.s. those jokers in redmond just made the short list as well (no pun intended)