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

AMZN 226.51

+2.7%

3:22 PM EST

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To: GST who wrote (73201)	8/11/1999 12:49:00 PM
From: Eric Wells	Read Replies (1) of 164684

Reuters News Story just posted - Greenspan rumors: biz.yahoo.com Wednesday August 11, 12:25 pm Eastern Time Dollar erases gains at US noon amid Greenspan rumors NEW YORK, Aug 11 (Reuters) - The dollar stood unchanged against the yen and euro at midday Wednesday after relinquishing its meager gains earlier on rumors Federal Reserve Chairman Alan Greenspan might resign. Traders said the dollar and the Dow lost some ground on rumors the venerated Fed chief would step down sometime after the central bank's next monetary policy meeting on August 24. The Fed would not comment on the rumors. ``That seems to have caused the dollar to lose some of its bid tone,' one trader said. ``Any official at the Treasury or the Fed considering resigning would be dollar-bearish.'

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