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

AMZN 239.19

+2.1%

Jan 23 3:59 PM EST

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To: GST who wrote (109258)	9/30/2000 11:21:49 AM
From: Sarmad Y. Hermiz	Read Replies (1) of 164684

>> there is nothing, and I repeat nothing, more highly correlated with the business cycle than the price of oil. GST, it seems the European societies can boost their growth if they reduce taxes on oil products (and replace the revenue with income tax or cap gains tax). Since 75% of the price of gas there is tax, it seems a simple solution. Even if the OPEC price of oil is zero, gasoline will still cost $4/gal in the UK. Do you think they will figure it out ? The US has the lowest oil taxes, and highest growth. What can be more obvious ?

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