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

AMZN 230.84

-0.7%

Dec 31 3:59 PM EST

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To: schrodingers_cat who wrote (125091)	5/16/2001 10:37:00 AM
From: Glenn D. Rudolph	Read Replies (1) of 164684

Hi Glenn! I think you posted recently that business was looking up. Do you think that the consumer is responding to the interest rate cuts and hopefully starting to lead the economy out of its slowdown? SC, I would be purely guessing if I gave a reason for the consumer to start spending again. The decrease in spending was the quickest halt I had ever seen. The consumer is now spending and the change is was so fast as though someone through a switch. In close to thirty years, I have never seen a turnaround in both directions occur this fast. I do believe the consumer will pull the economy up now. We are ordering merchandise again which will put some people back to work, etc.

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