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

AMZN 237.58

-2.7%

Nov 13 3:59 PM EST

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To: Oeconomicus who wrote (2041)	3/9/1998 12:10:00 PM
From: Don Westermeyer	Read Replies (1) of 164684

Or the realization that earnings themselves are declining, not just growth. Is that really correct? I thought the S&P was suppose to grow at 8% (or something close) this year. It might be just a blip, but generally such a trend generally would forcast a recession. FWIW - I increased the duration of my bond holdings last week. I'm not sure if that was good or not - lots of contradictory indications these days. Either way (rising interest rates or declining earnings), I don't see the market as being sustained at these levels for any real length of time.

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