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

AMZN 229.12

-0.2%

Nov 26 3:59 PM EST

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To: craig crawford who wrote (115055)	1/11/2001 10:55:16 PM
From: allen menglin chen	Read Replies (3) of 164684

<<More reasons for the Fed to quit dinking around and to cut rates NOW. (as in tomorrow). >> Craig, pls read your own posts below about AG's surprise cut Oct 15, 1998. U were complaining Greenie's move and find the FED :) ==================================== Message 6042270 "He announced this surprise cut a day before expiration, after the market had rallied 700 points and was coming up on some key resistance. (8100-8150 on the Dow, 1055-1060 on the S&P). I'm wondering if he bought some futures last week before making his move. I think Greenspan is just embarassed that his own irrational exuberance marked the top in the market, him turning bullish at the top after telling us to damper expectations 2400 points lower. Now he is trying to prop up the market because he knows it is the single most important factor to our economic health." Message 6030432 "I don't mess with YHOO these days. Just stick to shorting AMZN, which is going lower Fed cut or not. " Message 6030219 ">> The Fed just cut interest rates. You know what that means... << Yes, time to short more..." Message 6038078 ">> when will earnings be released? << I hear sometime in 2001, perhaps earlier now that the Fed has cut rates and the world is magically all better now." ----- U were right, Craig...It's 2001, and AMZN has not make a penny yet. Today, many turds are up 20, 30 or even 40%.

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