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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.35+0.3%Dec 19 9:30 AM EST

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To: M. Frank Greiffenstein who wrote (18764)9/28/1998 2:04:00 PM
From: OtherChap  Read Replies (2) of 164684
 
> Looking out other stocks, INTC is down. Brokerage stocks getting >killed again. That can't be good. Bull markets cannot be sustained >of brokerage stocks are collapsing, or if secondary market (Russel) >languishes.

All that matters to the market is that money losing internet stocks go up! Haven't you learned the new tulip-based economy rules? :)

I'm still waiting for greenspan to disappoint the market tomorrow. If the guy has any balls at all, he will refuse to be blackmailed into lowering rates. The market has basically threatened to collapse if he doesn't do what they say- and nothing makes greenspan more angry than being told what to do.

He knows a cut will cause a further speculative frenzy in the markets- he has seen the market soar in the last week due to expectations of a cut. Do you think he's dumb enough to think that
more speculation is a GOOD thing?
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