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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 (100483)	4/13/2000 10:22:00 PM
From: Bearded One	Read Replies (2) of 164684

Today vs. 1929? Look at this: Don't worry too much as today is nothing like '29. Back then we had no trade deficit, a positive savings rate, the public were not participants in the stock market broadly (remember, most were farmers and labor), debt as a percentage of household income was at much, much lower levels, and credit was not generally available in mass quantities to anyone with a pulse. Lastly, and most importantly, we didn't have instantaneous decision making power via the Internet. contraryinvestor.com Hope that makes everyone feel a bit calmer about this market.

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