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

AMZN 229.12

-0.2%

Nov 26 3:59 PM EST

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To: GST who wrote (132789)	10/11/2001 2:50:19 AM
From: Paul Merriwether	Read Replies (1) of 164684

GST I have to agree with you that the current situation is bleak. However, you have to have faith in America. People will eventually go back to work, they will spend. They will have more money to spend, thanks to lower interests(inviting refinancings). The prices are low, there is a pent up demand, wholesale inventories are lower. When retailers replenish goods, the industrial production will increaese. Unemployment will decrease. When the general manuf. outlook looks better, corporations will spend more on technology which gives immediate productivity enhancements. Its a virtuous cycle. A recovery within 6 months is almost certain. Atleast I am betting on it. My biggest problem is that my money is laddered and I can't access some of it to put into the stock marker. anyways, good luck to ya! -PWM

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