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

To: OtherChap who wrote (24918)	11/7/1998 2:06:00 PM
From: Bill Harmond	Read Replies (1) \| Respond to of 164684

>>we both know it. No, we both don't.

To: OtherChap who wrote (24918)	11/7/1998 2:11:00 PM
From: Glenn D. Rudolph	Respond to of 164684

Q: Have the retail investors gone crazy? McNamee: Maybe they're perfectly rational. I mean, what's so striking about this is that the people who have owned those stocks really know their business. I mean, they live in the Internet, the retail day traders. I'm in no position to criticize them. They did own Yahoo and AOL and Amazon. And as a consequence, if they sell them well, who can say they weren't the smart ones? Q: Then do you avoid these stocks -- or go along for the ride? Wick: The thin float of these stocks makes it difficult for us to take a significant position. In any case, since to me this looks like a bubble, I'd look awfully stupid to jump in. From Barrons: