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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 241.56

+0.3%

Jan 7 3:59 PM EST

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To: fedhead who wrote (88216)	12/22/1999 1:26:00 AM
From: Bill Harmond	Read Replies (2) of 164684

I'm hanging in. In my opinion this is no time to be writing scripts for the market. Inevitably they will be proven wrong. By its inaction and continued neutrality the Fed believes we have financial stability for now. There is political stability here and abroad. There are deflationary forces around the world just like there were in the 1950's. The Internet is more revolutionary and has broader impact than anyone imagined. It's an upward evolution in world order, and its adoption is mandatory for everyone. The whole wide world is growing a multimedia/multi-tiered nervous system that will deepen and evolve from now on. Forever. The last event this important was the Industrial Revolution, but it's impossible to judge a parallel because today's securitization and communication infrastructure didn't exist then that allowed individuals to invest efficiently.

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