Amazon.com, Inc. (AMZN) Message Board

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

AMZN 234.70

-1.2%

Nov 14 9:30 AM EST

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To: 16yearcycle who wrote (120672)	3/17/2001 10:43:41 AM
From: Victor Lazlo	Read Replies (1) of 164684

right, my big account is up just 1% since last September, and it's taken a lot of time and work to achieve that return! Depositing the whole thing in a savings acct at H.J.'s bank would have gotten me a better return! I don't think we can fathom a fraction of the bad news re earnings and revenue that is gong to come out from the major tech co's for the next several mos. The problem with rate cuts is that they may not help much. Rate cuts can only help if lenders lend and borrowers borrow. But since mid-2000, banks have been tightening up lending standards because the risk of defaults has been growing significantly. And borrowers, both personal and corporate, have more debt than ever before, so how much more can they borrow? OTOH, (trying to be postive) the gloom and doom factor is really strong now, in a way it wasn't in Feb or Jan. I think the mkt is due for a bounce soon.

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