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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 239.00-1.1%3:56 PM EST

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To: GST who wrote (62070)6/11/1999 11:35:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) of 164685
 
>> Today will become the 'typical' day for the rest of this month. AMZN at 20 will have fully priced in the changed macro-economic environment.
<<

Amzn is just hovering above its lows. If it was going lower, it would have done it by now. The only relationship between Amazon and interest rates is if the economy cools off a lot to reduce demand for their commerce. I think that is unlikely.

Regarding a very reduced demand for amzn shares, that will occur only if internet funds experience withdrawals. If that occurs then much lower prices are coming. I wonder where to find timely data on that.
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