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

AMZN 244.25

-2.0%

Nov 12 3:59 PM EST

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To: GST who wrote (100327)	4/13/2000 12:34:00 AM
From: Bill Harmond	Read Replies (1) of 164684

Time will tell, GST. The Yen glut in the 80's drove your real estate. Productivity gains drive the Internet stocks. One was cyclical, the other is secular. Did you hear Greenspans speech yesterday? He said it all. The demand for new computer applications will no doubt continue to spur demand for those with the creativity and the higher-level conceptual skills that will enable us to increasingly harness technology to produce greater economic value. To be sure, e-commerce is already becoming a potent force within and among businesses and between businesses and consumers. http://www.federalreserve.gov/boarddocs/speeches/2000/20000411.htm

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