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

AMZN 223.78

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11:15 AM EST

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To: Mike M who wrote (62548)	6/15/1999 12:13:00 AM
From: Black-Scholes	Read Replies (1) of 164684

Guys, there is NO inflation. Stop worrying about an arrogant bond market that insists it can call a top. THERE'S NO INFLATION. Have someone show it to you. Have you noticed every time a new economic indicator turns up benign (PPI, Business inventories, ECI), the bond market just ignores it and moves on to the next indicator while pounding the table that this one will prove the existence of inflation. It's shear arrogance. The bond market has put their prestige on the line with this call and they'll be Damned if they're wrong. THERE'S NO INFLATION! Get it?

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