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

AMZN 239.16

+2.1%

Jan 23 9:30 AM EST

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To: craig crawford who wrote (125489)	5/24/2001 11:38:35 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

Craig, I was under the impression that the Russuan gold holdings was not that great and was going to ask if you knew how much they had. I read the article and noticed this: "There was no indication of the quantity of gold Russia might sell. "My feeling is that the market is over-reacting. So far, nobody can tell how many tonnes Russia is going to sell, so I don't understand this nervousness," a trader said. "Are we talking about one tonne or about 100 tonnes? Nobody knows at this moment," the trader said. Russia is the world's 15th biggest holder of gold with 388.7 tonnes, according to World Gold Council figures." I would agree with the WGC. The issue for Russia is they are not known to sell off too much of any "natural resource" due tp their dependence on them for future financial problem solutions. I really do not believe the amount the Russians will sell would significantly affect the supply side. I recently have heard of plans from the United Kingdom to sell more but their holdings are still very large.

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