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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.60+1.5%3:59 PM EST
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To: Randy Ellingson who wrote (34545)1/12/1999 6:53:00 PM
From: Tunica Albuginea  Read Replies (1) of 164684
 
Randy Ellingson You said :Rate increase by Fed might really kill these stocks.But it's not likely to kill the companies behind these stocks, or their growth.

In rising interest rates and falling incomes people will buy the cheapest products = tax-free + midddleman-free from Internet= rising Internet Companies stock prices.
Think, cyberspace WallMart, without the overhead,

TA
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