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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.99-1.1%3:59 PM EST

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To: Oeconomicus who wrote (132590)10/5/2001 10:23:19 AM
From: GST  Read Replies (1) of 164684
 
Bob: Companies are not just warning. They are warning and then cutting an additional ten percent of their workforce. This cannot be lost on the workforce of all the other companies that have not cut. People with jobs will shun spending and risk. Export markets are likewise drying up. Was 200,000 in lost jobs what you expected? Liquidity means shit to somebody sitting at work thinking ""my job could be the next to go, and I lost most of my "savings" in the stock market.""
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