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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 221.24-0.6%3:59 PM EST
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To: Jan Crawley who wrote (19174)9/30/1998 10:38:00 AM
From: RFF  Read Replies (2) of 164684
 
Money is still leaving Latin Am - the rate cut isn't going to change anybody's mind on risk avoidance. After this weekends election, Brazil will probably have to devalue (it would take most of the IMF's remaining funds to bail them out) and push the Dow down into another bear leg.

I think AMZN will definitely see $90s or $80s in the next few weeks. Especially after the details of the qtr come out - expect to see revenue growth drop into the 20s% - down from 32% last qtr. Slower growth and expanding losses make a beautiful picture don't you think.
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