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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: Eric Wells who wrote (81754)	10/24/1999 4:37:00 PM
From: GST	Read Replies (2) of 164684

Eric: every day the US borrows another $1 billion from foreigners -- 365 days of the year. There are fools who talk of 'all the money on the sidelines waiting to jump in' -- fools in the sense that they don't know any better. Few seem to recognize the amount of money that can simply flow out of the country at the push of a button. Asians learned what this feels like last year. The US is the ultimate momo play -- when the music stops, all bets are off. Trillions of dollars in 'market value' can disappear in hours -- never to be seen again. What a strange world we live in. AG is right on at least one score -- these very real risks have never been more systematically ignored than they are now. The market is a car full of drunken teenagers out for a joy ride. We are going 100 mph plus and the road is increasingly slippery and twisty. William is in the passenger seat shouting faster, faster -- and calling other people names when they urge some restraint. This will end, as it must, in tragedy. There is no way out for most people -- and for those who could leave now -- they can't believe there is any real risk. Good luck.

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