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

To: Lizzie Tudor who wrote (151099)	12/29/2002 10:55:08 PM
From: Victor Lazlo	Read Replies (1) \| Respond to of 164684

ha! yup, but i do think 2003 could well see the demise of Nortel, Lucent and a few others that are sometime csco competitors. In the meantime the mkt should bottom out sometime in the 1st nine mos of 2003, and after that a little irrational exuberance should return, at least for a brief time. The market historians can argue all they want about historical valuations, and they're right, but they're also ignoring how many more regular people since the late 1980s, (retail investors) became either stockholders or stock fund shareholders, or both. It's huge, and i doubt we'll see the historical valuations return anytime soon. There's just too much cash, still, chasing the healthy, viable stocks that are left. sorry for the dissertation!