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

To: GST who wrote (37483)	1/28/1999 8:55:00 PM
From: Randy Ellingson	Read Replies (1) \| Respond to of 164684

Randy -- he used the words 'priced like lottery tickets', I don't see that in your notes. He also said most net companies would fail. I also don't see that in your notes. Yes, he did say they were priced like lottery tickets, but he proceeded to elaborate that this is a natural tendency as I described. In other words, if I give you ten companies and you believe one will be a stellar success, you might just think you're smart enough to know which one it will be. Investors see the value here, but they have a tough time separating ... Nonetheless, his comments were much more elucidating than either positive or negative, wouldn't you say? In other words, he neither shamed nor supported the current investment climate for Internet stocks; he essentially made it clear that he understands the situation and is not alarmed (or even necessarily surprised). Randy