Amazon.com, Inc. (AMZN) Message Board

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

AMZN 229.12

-0.2%

3:59 PM EST

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To: Victor Lazlo who wrote (101062)	4/16/2000 9:44:00 AM
From: Sam Citron	Read Replies (2) of 164684

>>I'm not sure the Fed cares all that much about the formerly exuberant investors. I agree that AG has not yet needed to be unduly concerned about irrational investor pessimism, and still doesn't. But the helmsman is alert to the telltale of the stockmarket. He need not hike out on every puff of wind, but he knows that a squall can capsize the boat if he is not careful. He is vigilant to shifts in direction and force of the wind and the need to respond appropriately to keep the US Economy on course. We don't yet know whether this is a puff, a squall, or the beginning of a violent thunderstorm. Regardless, you don't hike out on the leeward side of the boat, unless you don't mind having a drink.

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