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

AMZN 226.10

+2.5%

3:59 PM EST

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To: Skeeter Bug who wrote (123388)	4/10/2001 10:28:04 PM
From: Victor Lazlo	Read Replies (1) of 164684

<<on avg, people sold out all their HUGE appreciation and some of their equity. this freed up $ to spend. neither trend is sustainable, therefore, fewer dollars will be available to spend down the road causing reduced demand compared to what it otherwise would be had the above two trends not been in place. >> yup, true, and to what extent is open to judgement I guess. Consider the alternative approach taken by the Japanese- they save like crazy in what this Govt measurement would define as "savings" and so the banks took a lot of this money and made bad loans and awful investment decisions! So the Japanese people, instead of spening the money themselves, simply let their banks make bad choices with their money!

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