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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.12-0.2%3:59 PM EST

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To: Rob S. who wrote (81053)10/18/1999 5:35:00 PM
From: GST  Read Replies (1) of 164684
 
Rob <Greenspan has stated repeatedly that it is not the FED's role to directly influence the stock market. But when the bubble in the stock market grows to such proportions that he and other world monetary leaders believe that it poses a threat to the stability of capital markets and economic stability, then he is compelled to reign in the "irrational exuberance". Recently Germany, Britain, Japan and other G7 leaders strongly cautioned that run-away inflation in U.S. stocks poses a threat to their economies.>

Well said.
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