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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 237.58-2.7%3:59 PM EST

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To: Eric Wells who wrote (65565)6/30/1999 11:30:00 AM
From: Eric Wells  Read Replies (1) of 164684
 
For those that subscribe to TheStreet.com, Cramer just posted an article speculating on a .50% hike. A quote form the article: "That was a cannonball, a Chicago Purchasing Managers' Index cannonball that takes your breath and your head away, considering that today is Fed day. Suddenly, my partner, Jeff Berkowitz, turns to me and says, "Only 50 basis points will work now." "

Don't know if he is referring to a one-shot .50% hike, or two .25% shots over time.

thestreet.com

-Eric

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