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


To: Glenn D. Rudolph who wrote (58910)5/28/1999 12:10:00 AM
From: Rob S.  Respond to of 164684
 
In general, no. I would look for stocks that aren't trading at near their historical highs. Those are excellent companies but a lot of money has been chasing them. I would hold onto those for long-term appreciation but would wait until latter this summer to aggressively buy them. But Maybe I shouldn't even comment because I haven't studied any of them recently - just that the techs are due for more rest before the market falls back in love with them. The well known companies are generally trading well beyond their historical valuations. IMO, they just don't have that much room to move up over the next few months.