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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 239.16+2.1%Jan 23 9:30 AM EST
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To: Bill Harmond who wrote (71147)8/1/1999 6:43:00 PM
From: GST  Read Replies (2) of 164684
 
William -- On China -- you said when Clinton talks, 'China does what it is told to do and Bill Clinton gas spoken'. I said, nope, China is driven by internal political issues like mounting unemployment and the lack of an integrating ideology except nationalism -- and there is nothing like a foreign enemy to promote nationalism, even more so when combined with reeling in a 'rogue province' of the 'fatherland'. They are now and will continue to be tightening the noose on Taiwan and they don't give a rat's ass about Clinton -- yes, its still true. They have plenty of military options and they will be using them, one by one. It is foolish to think that the US controls China.

And yes, liquidity has been deteriorating and this is picking up speed to the point where it is now pulling the rug out from our market. It is now pretty well known -- although this obviously is not universal as per your post -- and the markets are nervously twitching at the implications. It would be foolish to characterize this as the fantasies of an SI poster like me.

Lastly, If Inktomi was doing an IPO this week I would respond to your point, but this week it is all about delivering flowers -- not exactly a MSFT. At any rate it would not change my assessment of the level of liquidity one bit.
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