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

To: GST who wrote (144279)	7/25/2002 11:04:46 PM
From: Bill Harmond	Read Replies (2) \| Respond to of 164684

GST, the XAU looks troubling. What do you think?

To: GST who wrote (144279)	7/26/2002 1:14:33 AM
From: H James Morris	Respond to of 164684

Gst: I've always liked your philosophy of keeping cash and not buying stocks on margin. Sure, I've made investment mistakes but I've never received a margin call. I imagine the only thing worse than getting a margin call is getting a call from a funeral parlor telling you they have another coffin available for you to lay in.

To: GST who wrote (144279)	7/26/2002 10:05:02 AM
From: Alomex	Read Replies (1) \| Respond to of 164684

-- the tech sector has not finished washing its dirty laundry (expensing stock options) and there is more work on the downside to correct absurd tech valuations -- Do not forget pension adjustments. With the fall of the market many companies will have to contribute hefty sums over the next few years to their pension funds, further damaging the E in the P/E ratio. As you said, we'll know the bubble is over when AMZN (or YHOO for that matter) trades at $3 per share.