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

To: H James Morris who wrote (143925)	7/18/2002 9:01:32 PM
From: Oeconomicus	Read Replies (2) \| Respond to of 164684

Let's see the market ignore that. OTOH, that's a 30 PE on annualized current earnings. Aren't we waiting for 7 or something like that? ;-)

To: H James Morris who wrote (143925)	7/18/2002 9:04:59 PM
From: GST	Read Replies (1) \| Respond to of 164684

I think this is point at which people should have a list of things they would buy if the market enters a "panic zone" -- I expect it would be wise to shoot 20 to 30% below current prices. There may be some good news, but the potential for a good shit-kicking has never been higher. The dollar, foreign selling, mutual fund redemption, an ever-expanding parade of sleazy moves by "corporate leaders", the ever-present danger of the next attack -- any of these in any combination could yield some dramatic shit-hits-the-fan days in the market in the next 30 days to 3 months. As for what to buy, I think the advice is simple -- almost anything not on Bill's list of "leaders" -- no joke.