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

AMZN 244.41

+0.6%

Nov 7 9:30 AM EST

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To: BGR who wrote (64839)	6/27/1999 5:08:00 PM
From: GST	Read Replies (1) of 164684

BGR -- tightening is not going to slow the market down easily or soon. But it will crack the net stocks. Impristine thinks that YHOOs earnings will fix everything. How has YHOO performed since its last earnings report. How about AMZN since its last financial report? People will buy houses and cars -- and the tightening will have little impact. A healthy drop in the stock market will do more to cool the fire before it burns out of control. The nets are the kindling and they are being consumed in the fire as we speak. This will continue as long rates rise - market set rates. Look at the trend over the last three months, and then go back and look at where we have been and tell me why you think, at the last second (this week) the long bond will stop dead its tracks and reverse course.

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