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

AMZN 249.20

-1.9%

3:49 PM EST

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To: craig crawford who wrote (114505)	1/5/2001 4:55:22 PM
From: GST	Read Replies (1) of 164684

Craig - Have you checked the figures? I believe the figure was $13 billion in outflows this week by the close of business on Wednesday -- this included the day of the rate cut. The last two days are not yet reported -- but if they follow the trend in would be another $10 billion giving us about $20 billion in mutual fund redemptions this week. I don't have the numbers in front of me, but I believe there was something like $30 billion in outflows in December -- it appears the pace of selling is picking up steam. BTW, as a matter of courtesy, you might check the numbers before using words like "bullshit". There is no way of knowing if the trend will continue -- but at the current run rate we could see $100 billion in outflows taking January and December together.

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