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

AMZN 232.37

-0.9%

Dec 3 3:59 PM EST

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To: Sarmad Y. Hermiz who wrote (120761)	3/18/2001 8:15:22 PM
From: GST	Read Replies (2) of 164684

Sarmad: Let me try to put it in perspective: If the Japanese economy grew at 3% per year for two years, the increase additional output would equal one year of China's entire economic output. Have you been to Japan? Do you realize how much intellectual property they own? Do you realize that private Japanese individuals have 10 trillion dollars in cash equivalents? After their bubble they returned to a time honored tradition -- saving money instead of stock speculation. By the way, when people in the U.S. refer to "cash on the sidelines" you should laugh till it hurts. "Cash on the sidelines" is our way of saying "savings", and the idiots assume that people with savings are just waiting for the right moment to take their savings, miniscule as they are in the US, and "put the cash to work" in stock speculation. There is a retarded element out there who believes in this.

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