Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: fedhead who wrote (20825)	10/8/1998 6:09:00 PM
From: craig crawford	Read Replies (3) \| Respond to of 164684

C$CO was down like 11 days in a row. It was due for a bounce. I agreed with you this morning, I thought DELL and C$CO and some others were overdone. Too bad I didn't stick with it, there goes $20,000 out the window. The part that bothers me though, is the fact that DELL and C$CO and a few others came back, but many others got even worse. That's not how bottoms are formed, where you are making record new lows. Sure the generals are always the first to get the money, but usually the rest of the market at least stops going down. It shouldn't get worse. Look at the small stocks, creamed again. That just tells me that people were buying DELL and C$CO for a bounce because people are taught to buy stocks like that down 10 points. Anyway I just care about AMZN anyway, DELL can go up all it wants.

To: fedhead who wrote (20825)	10/8/1998 8:26:00 PM
From: Bill Harmond	Read Replies (1) \| Respond to of 164684

Anindo, I'd be careful. I don't think this is over by a long shot. Could be in price with some of these issues, but not in time. The market is marking-up risk. That premium won't disappear easily. I remember the tech blood-letting in 1994. Morgan's strategists Biggs/Wien said that there was no hurry to reinvest...and the market unwound and consolidated for 8 months. From my disconnected travelling point of view, I think this is no time to be taking long-term risk. I wasn't around for trading today so I didn't get a sense of the reversal many here felt. Bear markets have a way of preserving hope while separating you from your money...