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


To: Victor Lazlo who wrote (151547)1/16/2003 11:42:42 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 164684
 
well personally I think with sentiment where it is, and no volume the nas is pretty close to the ultimate bottom. Plenty of shorts on SI are crowing about new lows in the nas, maybe 700s but that is really reaching if you ask me, and just the fact that there are so many of these cretins coming out of the woodwork on every thread, and they won't even let anybody say anything that isn't completely bearish to the extreme without biting their head off... I think it is these folks who are on the wrong side of the blowoff but to the downside this time.

I notice some fundamental folks like Tom Kurlak who were pretty bearish about the extreme valuations on the upside are bulls now... and numbers this quarter for tech have been pretty good considering.

PCs not my favorite sector but I am certain most corp PCs are pentium 2 running win98 and that is just about out of steam.

I don't know when things will start to go up in earnest but I feel comfortable buying here LTBH for strong tech companies at least.
Lizzie