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

AMZN 233.95

+0.3%

Dec 1 3:59 PM EST

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To: Oeconomicus who wrote (12574)	8/4/1998 9:54:00 PM
From: Mark Fowler	Read Replies (1) of 164684

It's Ralph Acamporra who is predicting Dow 10,000 too by yrs end. Now he's predicting a 20 percent drop--tops --on the Dow . Well he may be right and maybe wrong. I don't see panick selling though, it has been orderly and their is bound to be more of a follow through of the same in the morning. However, i don't think the Bull will not end here. I think this slow down in corporate profits is over blown and most of this is bearish sentiment. It will slow from last yrs. pace, but they will come in ok, 7 to 8 percent on whole is what most economist have been predicting for the yr. I guess that leaves out an interest rate hike for now--thank God.

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