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

To: John Donahoe who wrote (51563)	4/19/1999 9:28:00 PM
From: Jing Qian	Read Replies (1) \| Respond to of 164684

Some second or third tier companies may not recover, but AMZN will.

To: John Donahoe who wrote (51563)	4/19/1999 9:34:00 PM
From: Sarmad Y. Hermiz	Read Replies (2) \| Respond to of 164684

>> For that reason, I think some internets will not recover. ????. I fail to understand. Could you elucidate? << Two days ago, when money seemed plentiful, anything with dot com was going up 10, 20, 30, 40 or 50 or more points per day. Even truly idiotic things such as NSOL. While real companies with real earnings were selling at half book value and oil was selling cheaper than the cost of extracting it. The reason was that money was allocated to net stocks and they were being bought indiscriminantly. This selloff is not for raising cash to sit and wait. It is raising cash to be used for oil, metals, tractors and other non-internet stocks. So it is not sitting in cash waiting for the next idiot.com to come along. So the leaders I think will recover because they always have. Possibly not very fast this time. But more likely they will. Others will have to compete for investors' money. In the absence of an unlimited supply of money, they will lose the competition to the more popular choices.