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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.37+0.2%Dec 2 3:59 PM EST
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To: GST who wrote (63651)6/22/1999 7:47:00 AM
From: Sarmad Y. Hermiz  Read Replies (2) of 164684
 
GST,

Once again traders concluded that higher rates are not bad for tech stocks. As long as they do not choke economic activity, 3 rises are neutral. They will show the Fed has resolve, and is on the job. The fear will come if the Fed does not raise rates. I also don't see any connection between amzn/yhoo/ebay/aol and interest rates. These stocks can fluctuate by 50% or 100% with constant interest rates, so where's the relation ?

Relax and enjoy your new killing (in msft). I sold mine yesterday.
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