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

To: Oeconomicus who wrote (15483)	8/31/1998 10:54:00 PM
From: Don Westermeyer	Respond to of 164684

Bob, There are a lot of decent stock valuations in the small/mid cap range. Even stocks with CASH buyouts in process are trading at a significant discount (like CYBR). No doubt we are due for a some kind of reflex rally after the beating the market has taken over the last week. I plan on sticking my money back into the market myself - but mostly into value oriented funds. I'd think the recent market action would shake the mo-mo traders up for a while, especially in high valuation stocks like AMZN. I doubt AMZN will make new highs for a very long time now (that doesn't mean one can't make money trading the volatility). I'm kind of glad I didn't get into the GCTY IPO now.