Amazon.com, Inc. (AMZN) Message Board

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

AMZN 232.22

-0.1%

10:20 AM EST

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To: KeepItSimple who wrote (34422)	1/12/1999 8:02:00 AM
From: Keith A Walker	Read Replies (2) of 164684

Excellent insight. I have heard, still hearsay, however reliable, that Greenspan will speak on 1/22 about the Internet stock mania. The Fed may need to act in order to prevent an entire market meltdown. In some respects, we are witnessing a miniature version of Long-term Capital Management, with small investors cranking up their margin accounts to buy these outlandishly priced stocks. A crash in these stocks will have swift consequences for those margined to the hilt. Good luck.

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