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

AMZN 227.35

+0.3%

Dec 19 9:30 AM EST

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To: Jim Willie CB who wrote (149363)	10/29/2002 10:14:21 AM
From: Victor Lazlo	Read Replies (2) of 164684

<<the next decade will be all about Asia and their emerging economic powerhouses >> LOL! The fact is, Asia is a house of cards ! They've got massive overcapacity, prices are under severe downward pressure, unemployment is ramping up, and most people in Asia remain very poor. And consumer demand in the US and other countries is just now seriously weakening, and that wwill hurt Asia a lot. The Asian govts' big subsidies of the co's there won't help much going forward. Meanwhile in Japan the banking cisis still looms large, since ntohing has been done to resolve it. Yeah asia, ha ha!

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