Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: KeepItSimple who wrote (33102)	1/6/1999 10:46:00 PM
From: kash johal	Respond to of 164684

Re: Bubble. Well I am worried about this Internet bubble bursting and taking down my other hi-tech stocks in flames as well. I bought 5 July 130 Put contracts today. I am planning on buying more as a hedge against my other positions every month or so until the bubble ends. Kind of a dollar cost averaging approach as long as the overall market keeps ramping up. Any-one else doing something similar or trying other hedge's. Regards, Kash

To: KeepItSimple who wrote (33102)	1/6/1999 10:50:00 PM
From: Don Westermeyer	Read Replies (2) \| Respond to of 164684

This bubble will end when Greenspan cuts rates at an emergency FOMC meeting late in January. I assume you mean raise rates? You are correct. Most of the tech stocks have about the same earnings than 1995 and even a poorer intermediate earnings growth outlook. Almost all the gains in the market have come from expanded credit and liquidity.

To: KeepItSimple who wrote (33102)	1/7/1999 12:09:00 AM
From: Peter J Hudson	Read Replies (2) \| Respond to of 164684

KIS, I agree with you about the valuation of AMZN, it's crazy. I also have lost money betting against it, but let's not get crazy. Average Americans having more equity in the stock market than their homes is a positive thing. A home is not an investment, it is a place to live. When this bubble bursts it will be an expensive education for many speculators, but average Americans are not driving internet mania, they are putting a fixed % of their earnings in a 401k each month. It will all work out. Trust me. Pete