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

To: H James Morris who wrote (29673)	12/11/1998 7:39:00 PM
From: llamaphlegm	Respond to of 164684

tsc 'It Doesn't Pay to Be Rational' "The only place there's a mania is in the Amazon.com-type stuff," said Robin Griffiths, chief technical analyst at HSBC James Capel. "When things move 160% in a day, you can't be rational about that. They're excessively volatile, but nonetheless the trend is up. They're growing rapidly from a small base. I'm not an expert, but I suspect I'd buy them on any dip. It doesn't pay to be rational." Rationality may not work in the Internet sector, but "in the real world, we're going to get more earnings downgrades," Griffiths said.