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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 221.24-0.6%Dec 17 3:59 PM EST
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To: Skeeter Bug who wrote (129045)7/25/2001 2:09:38 PM
From: Rob S.  Read Replies (1) of 164684
 
Greenspan's mistake was that he did not raise margin requirements to 75% or 100% from 50%. The last two interest rate increases could have been avoided or cut back to a single increase of 1/4%. But interest rates were and are not now the primary problem with the economy. The problem was bubblemania expectations. Not all analysts were bullish - a few were bearish. Most of the bearish analysts were not at firms that had taken part in public offerings or bond offerings. Of course there was absolutely no conflict of interests as Wall Street is always helping out little investors above their own greedy interests }; ^)
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