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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.19-1.8%Dec 12 9:30 AM EST

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To: Bill Harmond who wrote (14253)8/21/1998 12:23:00 PM
From: McNabb Brothers  Read Replies (2) of 164684
 
William,

You keep talking about the interest rates being favorable for our markets, but I can remember the same thing that was being said about the interest rates and the market in Japan a few years back! Rates are at all time lows in Japan and the market is near it's low since it hit 40,000 a few years ago! Just because interest rates are going down does not mean that our markets will keep it's values! Be very careful in thinking that it will help! One needs to study what deflation does to markets and it is not a pretty picture!

Hank
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