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


To: Mandinga who wrote (34795)1/13/1999 6:10:00 PM
From: KeepItSimple  Read Replies (1) | Respond to of 164684
 
> This is the end of the i-mania-bubble.

I wont consider it the "end" until these stocks are trading at realistic prices, which for Amazon would be around 10 dollars, Yahoo around 30, and AOL around 40.



To: Mandinga who wrote (34795)1/13/1999 6:51:00 PM
From: Steve Yuan  Respond to of 164684
 
I think it is way too early to declare the death of internuts. Please remember that internet is still growing very rapidly and has the highest growth rate.

Yes, most internuts have gotten ahead of themselves and need some time to consolidate. Considering the small correction after huge gains, today's internuts performance is very impressive. What internuts need is some stable environment and one or two IPOs.

I would be very cautious to play the short side. Make sure that you know what you are doing, i.e., playing with something deadly. :-)