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

To: Sarmad Y. Hermiz who wrote (129666)	8/5/2001 1:28:43 AM
From: H James Morris	Read Replies (1) \| Respond to of 164684

>So most of my stocks are 80% to 98% off their peaks. Now, you're sounding like a "new economy" investor.

To: Sarmad Y. Hermiz who wrote (129666)	8/5/2001 2:21:58 PM
From: GST	Read Replies (1) \| Respond to of 164684

Sarmad: I think most of us will agree, the allure of a stock that is down so far that it "can't" go down much further has a hold on most of us from time-to-time. Who was the guy with the ten stocks last fall that "can't" go down any further? I need a reason to own a stock at this point -- and that makes it harder to find anything I want to own. Look at AMZN as an example. The stock is way down, but its chances for survival are doubtful, its prospects for making a profit are equally doubtful, and its prospects for growth are ancient history -- its a $2 stock and even at that it would be hard to find a reason to buy it.