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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 239.12+0.4%Jan 16 9:30 AM EST

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To: 16yearcycle who wrote (119855)3/9/2001 1:21:08 PM
From: H James Morris  Read Replies (1) of 164684
 
>it now appears even more likely that we aren't going into a recession
Gene, I think we are in a recession. The only question I'm asking myself is how bad it will get before we move out of it.
>and when do you see a sustained uptick in IT spending?
Hopefully in 9 to 12 months.
>This continues to be a short sellers wet dream:
I'm thinking of hedging IBM, and that's the largest long position I have!
Gene, I'd like to put on a positive spin, because that's what we all want to hear, but look at Japan. Its on the point of financial ruin. If our economy slows down to the point were we stop buying their goods they'll tip.
Do you think America can bail-out the second largest economy in the world? Serious question.
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