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

To: Glenn D. Rudolph who wrote (27521)	11/21/1998 7:39:00 PM
From: Gary Walker	Read Replies (1) \| Respond to of 164684

Glenn I've found that YHOO and XCIT report insiders differently. They don't always have the complete story. Speaking from experience, there are insider sales and purchases that slip between the cracks. Glad to see you survived the week. What a wild ride!! I read a good piece of advice the other day about shorting internut stocks in this market. It's for the pros! If you and Jan are surviving then you must be pros. I tried to tag some shares on Friday..no go. LCOS and YHOO were available but I passed in the strength of the internut rally. The speculative juices are flowing now. Question is what can Greenspan do about it? He's caused this mess, and when the bubble breaks it won't be a pretty sight. I think he's going to have to be the one to break it. How else can it break? Bad earnings don't matter, because these PR firms know how to create lowered expectations. Someone said it beautifully the other day, split the stock and cut your losses in half, per share that is!!! The bubble in Japan broke and a lot of people got hurt. They are in a recession partially because of the market crash. Have you heard/seen any data comparing this market to the market in Japan in the late 80's? I remember PE ratios averaging 40 or so in Japan at the peak. That means we could go up another 8,000 points on the dow before all hell breaks loose. There was an article in Barron's a few years ago that I believe covered the comparison. At the time I thought we could go to 15,000 on the Dow before reaching the level of valuation comparable with Japan at a peak of 40,000 on the Ne...whatever... gw