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

AMZN 232.56

-0.8%

3:10 PM EST

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To: Glenn D. Rudolph who wrote (131275)	9/15/2001 1:36:51 PM
From: GST	Read Replies (1) of 164684

"if no one has facts to back up their assumption the economy will slow considerably and for the long term" If by Long term" you mean five years from now, then I would agree that this situation will be greatly changed and most of what we are talking about is transient. The discussion of a "slowdown" is, IMO, related to a sharply increased risk of a recession, which by definition is transient. Anything that has a lasting impact on trade patterns is "non-transient". I cannot see anything yet that would rise to that standard at this time. Biological warfare would do infinitely more harm to global trade -- but we are not there yet. I believe the risk of biological warfare will cause many decision makers to agree to more drastic measures now in the hope of averting worse things to come. Some biological attacks could be staged very, very simply and could wipe out whole industries.

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