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

AMZN 221.87

-0.3%

2:27 PM EST

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To: Bill Harmond who wrote (142353)	5/18/2002 10:24:30 AM
From: Victor Lazlo	Read Replies (1) of 164684

<<Personal debt is not out of the historic bounds. >> The ratio of consumer debt to assets is at historically high levels. In addition to the bleak report on bankruptcies, lots of people have liquidated their home equity to maintain their lifestyes, so if real estate values dip, there could be some serious problems.

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