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

AMZN 220.66

+1.6%

Nov 21 9:30 AM EST

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To: Bill Harmond who wrote (79684)	10/5/1999 7:09:00 PM
From: Eric Wells	Read Replies (1) of 164684

>>I think the market has gotten past interest >>rate worries for now. William - why do you feel this way? I think the bond action today might suggest otherwise. Consider that we have recently seen very strong NAPM and Retail Spending reports - and that personal savings is at an all time low (or an all time negative high). Even James Cramer, the ultimate bull in this declining market, penned two rather bearish columns today: thestreet.com thestreet.com But some stocks still seem to be immune to threats of inflation - for example FDRY was up 27 points today. Would appreciate your thoughts on why you think interest rate fears are behind us. Thanks, -Eric

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