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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 248.89-0.2%2:45 PM EST

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To: llamaphlegm who wrote (11111)7/21/1998 7:06:00 PM
From: Rob S.  Read Replies (3) of 164684
 
Try to catch Al Greenspan's statements to Congress - he said something like "some stocks that have no near term prospects for earnings are bid out of proportion to any prospect years from now . . . this speculation is reason to consider the economy is getting inflated and interest rates may need to be raised."

I swear that his statements could have been aimed right at Amazon.com and other internet stocks and are a reflection of what the bears have been saying about Amazon.com for months. I hope that the stock market come lately's get the message.

Maybe this will be a message that the brokerages that are cleaning up on commissions on Amazon pay attention to; that they better reign in the beast (through their brokers and analysts) lest the Green meanie puts a damper on their entire bull market party!
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