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

AMZN 229.60

+1.5%

Nov 25 3:59 PM EST

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To: GST who wrote (149598)	11/1/2002 10:18:14 PM
From: H James Morris	Read Replies (1) of 164684

>>And then there’s China -- an entirely different story. In contrast to the near synchronous slowing elsewhere in Asia, the Chinese economy is on an accelerating growth path. All of the September numbers were sending unambiguous signals of a quickening of economic activity. That’s true of industrial output, exports, infrastructure spending, and foreign direct investment. It’s also true of an equally impressive acceleration in GDP growth to an 8.1% YoY rate in 3Q02 (see my October 17 dispatch, "The China Factor"). China continues to be the fastest-growing economy in Asia, or for that matter, the world. And that’s true irrespective of the slowdown in the broader global economy.<< morganstanley.com

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