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

AMZN 229.55

+0.2%

Dec 5 9:30 AM EST

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To: Oeconomicus who wrote (132484)	10/3/2001 6:25:34 PM
From: GST	Read Replies (2) of 164684

Ya, I have no don't that whipsawing is bad. It the unemployment situation that concerns me. Stimulus can pump up asset prices and leave the economy no better off. Without wanting to overdo the Japan comparison, they have been a laboratory in what can happen in a post-bubble economy. Zero interest rates, stimulus like nobody ever conceived would ever be undertaken by a government and yet they have been in a recession that just won't quit -- and I am more than passingly familiar with their banking situation, no need to worry about not taking that into account. Its a global downturn at this point -- it is something to think about. We had a liquidity driven jump in stockprices -- lets see how we do now as we face the unemployment numbers.

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