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

To: Bill Harmond who wrote (52078)	4/21/1999 3:26:00 PM
From: KeepItSimple	Read Replies (1) \| Respond to of 164684

> Meanwhile and industry is being born with a big bang. The junk bond industry was certainly born with a bang. It also ended in one. This is the first "industry" that I recall being born almost entirely in the equity markets. There's a reason for this- you're being had. Maybe you'll eventually have that realization. Probably not until you've had dinner with lots of people involved in a VC or executive capacity in these companies.

To: Bill Harmond who wrote (52078)	4/21/1999 3:31:00 PM
From: GST	Read Replies (2) \| Respond to of 164684

William -- I don't want to evaluate people, but I look at some stocks and see the logic of their values and for others I don't. I look at QCOM and LSI and see it. Does DLCK do much more than KIS suggests? I don't know. But it seems to me that we are in an environment where people put their money on the table without asking many questions. With AMZN and the people who boost it -- we are told it could trade in a range between 0 and 3,000. If KIS is the only one left who takes the time to point out that AMZN could be 90% hot air already, I think he is doing something nobody wants to do here. May is sometimes like October. We will see who looks better in a month. Probably much, much sooner. As to the big bang -- can't argue with that. People who underestimate the size of the bang don't know what they are dealing with. But in this period, there is every likelihood that many, if not most of these stocks are a flash in the pan.