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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: Randy Ellingson who wrote (22282)	10/19/1998 9:36:00 PM
From: JBL	Read Replies (1) of 164684

Banks are tightening credit much faster and much more dramatically than what Greenspan had been anticipating, and that's why he could not wait until the next FOMC. His goal right now is to control the impact of the developping credit crunch, and to avert a meltdown in financial markets. The best case scenario does not warrant a Dow at these levels. Most Wall Street analysts will keep lying to themselves and refuse to face the truth. Their living depends on the continuation of this bull market and this affects their judgment.

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