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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.37+0.2%3:59 PM EST

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To: Bill Harmond who wrote (73946)8/15/1999 10:45:00 PM
From: Eric Wells  Read Replies (2) of 164684
 
>>We're having a correction based on interest rates.

William - thanks for your post. I disagree. I think that the correction is being driven in part by interest rate concerns. But with the net stocks, I think that part of the recent decline is also due to change in investor sentiment - a desire for a "return to fundamentals" if you will.

Regarding your Ferrari analogy - if after paying $200k for your Ferrari, you discover it has a Yugo engine in it, I would guess that the value of the car might realize a sudden depreciation.

I'm curious, William, if you can identify anything negative about buying or holding AMZN at the moment? I don't think I've ever seen you post anything negative on the company or it's stock. And from your posts, it seems that you are quick to counter anything that others post that might be interpreted as negative. Of course, this is just an observation on my part, and I could be wrong - apologies in advance, if I am.

Thanks,
-Eric Wells
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