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


To: Alomex who wrote (151526)1/16/2003 2:36:42 PM
From: Lizzie Tudor  Respond to of 164684
 
I'm less sure about the consumer side but the capex side of the nasdaq might appear to be overvalued but that is based on the assumption that spending levels can stay where they are which they cannot, believe me.

No fan of PCs here but most of corp america PCs are pentium II, running IE 4 or in some cases 5. If you want to outsource IT you need the internet (no footprint) version of an internet enterprise software package, and that means IE 6.0 browser. Most IT depts are still client/server. I know there is a residual "bad taste in mouth" from the overhyping of internet software that occurred in the 90s and CEOs are saying we refuse to spend more for technology... but it can't last, like it or not these guys have to upgrade.



To: Alomex who wrote (151526)1/16/2003 8:03:59 PM
From: fedhead  Read Replies (1) | Respond to of 164684
 
I think at the end of the bear market you will see stocks
trading at great values again. Problem is most people won't
want to buy them just like in 1982 or in 1974 or in 1949.
Thats when you can make fortunes , if you can get into
equities at a time when no one wants them. We will get there
and hopefully we will have the capital to deploy then.

Anindo



To: Alomex who wrote (151526)1/16/2003 11:09:53 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
<<Even under very optimistic assumptions of growth it is hard to justify prices for Amazon and Yahoo at half their current price.... >>

Well, you disagree with The Market.
The last time I tried to argue with The Market, I got my head handed to me. That was years ago. I havn't tried again since.