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

AMZN 226.10

+2.5%

Nov 24 3:59 PM EST

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To: Mark Fowler who wrote (73464)	8/12/1999 7:08:00 PM
From: Michael Young	Read Replies (1) of 164684

I think they raise .25 this month. And then the market will need to start pricing in another raise in October. Leading inflation indicators are spiking up, productivity isn't keeping pace with demand, inventories are shrinking, and the dollar is weakening. not to mention the CRB commodity index is very strong. Take a look at the TYX chart. Rates look to be heading to the 6.5% range. Not a pleasant scenario for the leading internets, which are on the ropes already. MIKE

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