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

AMZN 229.55

+0.2%

Dec 5 9:30 AM EST

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To: Glenn D. Rudolph who wrote (117360)	2/11/2001 1:55:22 PM
From: The Reaper	Read Replies (1) of 164684

Glenn, using a 4-week average, the fed starting providing liquidity at a 22%+ annual rate the week of Dec. 18. They started putting the brakes on the week of Jan. 25. There's a 2 week lag time between reported data and reality. My guess is that they have not reversed the braking process in the last two weeks. I think that more than anything is what's providing the pressure on this market. Companies like AMZN that are in need of financing are toast. BTW saw you on TV! kirby

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