Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

AMZN 234.67

-1.2%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: fedhead who wrote (103538)	5/17/2000 7:56:00 PM
From: Glenn D. Rudolph	Read Replies (2) of 164684

The high tech workers who are the prime beneficiaries of the dot com mania will not be affected other than lowering the value of their options. The working poor are going to be adversely affected. I think Greenspan should wait and see the effects of the present hikes before hiking anymore. Anindo, I would go as far as to say this last 50 basis points was too much. The "working poor" have already reduced the amount they are willing to place on their credit cards due increased interest charges. I believe but cannot prove the economy has slowed more than the Fed apparently believes. It is just taking time to show. This is only going increase the gap betweent the working poor and the beneficiaries of the dot com mania. Glenn

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next