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

AMZN 235.86

-0.7%

2:36 PM EST

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To: Victor Lazlo who wrote (119125)	3/2/2001 10:58:46 PM
From: John Chen	Read Replies (1) of 164684

Victor,re:"float...supply". Good observation. Some of these companies depend on 'float' and the capital market. This is a fairly big problem. The scenario is this: o smart money will hold on to the money they made the last couple of years. o anytime 'new money' come in, 'smart money' soak it up. o unless the 'growth rate' of money supply is faster than the 'markets of last couple of years', this has to be a down trend with occasional blips. Japan, move over, we own ALL records, NO EXCEPTIONs. Japan is still counting since 1990. We are on the 2nd year, I think. AG: you help is really appreciated. Do I hear '3%' cut? This is such a violent society, AG did it early the year, he will provide more violent rate movement again.

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