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

AMZN 222.69

+0.1%

Nov 19 3:59 PM EST

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To: GST who wrote (102386)	4/28/2000 8:43:00 PM
From: H James Morris	Read Replies (3) of 164684

> The Nasdaq jumped out of the starting gate in full force on Friday and remained strong throughout the remainder of the day's trading session, as investors were relieved that Internet and technology stocks were able to end up in positive territory yesterday notwithstanding the release of economic news shedding light on growing rates of inflation. The Dow held briefly in positive territory in early morning trading before retreating on the heels of continued economic data confirming to many economists, analysts and investors that the Federal Reserve will turn up the heat in its efforts to raise short-term interest rates to cool the steaming economy.

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