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

To: professor who wrote (30767)	12/21/1998 3:55:00 PM
From: KeepItSimple	Read Replies (2) \| Respond to of 164684

> At this point it's like buying and selling a tulip bulb. I'm actually getting worried for the entire market at this point. Before the mania was limited to just a few net stocks, but now every single one of them is making a run at 200 or 300. Aside from lcos,seek, and xcit, it's hard to find a single internet related company that is selling for less than 100 bucks a share. If it were just amazon, the nasdaq could recover. But soon we're going to have 50% of the total nasdaq equity in net stocks trading with P/E's of 1000 or higher.. (and the rest trading at negative 1000 or worse!)