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


To: H James Morris who wrote (28529)11/30/1998 11:20:00 AM
From: OtherChap  Read Replies (3) | Respond to of 164684
 
>Or is it just a reality check?

I don't think it's a reality check quite yet. If these stocks return to anywhere near "real" valuations, you're going to see people jumping out of windows. I'm serious.

With these internet stocks going up and down 80% in one day, over and over, the SEC is going to step in. Look for some halted issues very soon. I don't know about other brokerages, but Charles Schwab has halted on-line trading in most of the internet stocks, at least for today.