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

AMZN 227.37

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To: H James Morris who wrote (131851)	9/25/2001 2:42:40 AM
From: Paul Merriwether	Read Replies (1) of 164684

> Have you ever thought about buying a condo in China? Don't even think about it! Real estate in China has no resale value. My girlfriend's parents bought one in Shenzhen(across the border from Hongkong) a couple years ago. It's value has dropped more than their "flat" in Hongkong, since the property crash of '98. If you can believe that! They were bitchin' about it, last time we visited them in HK! Apparently China is trying to keep its growth rate by spending on public works(while its exports are flagging). Consequentially, they are building public housing to an extent that supply is outstripping demand...

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