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

AMZN 233.22

+1.8%

Nov 28 9:30 AM EST

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To: Mark Fowler who wrote (36292)	1/24/1999 2:29:00 AM
From: GST	Read Replies (1) of 164684

Mark -- I read your reply to Stefan -- Japan's bubble was a mistake brought abut by too much liquidity. When the bubble burst, then the bad loans showed up. When the AMZN bubble bursts, that is when AMZN's debts will go bad. Until then, the weak minded will assume everything is fine -- just as they did in Japan ten years ago. The banks in Japan ten years ago were feared all over the world for their strength. When the bubble burst, their strength was destroyed in surge of red ink. If the US market is allowed to bubble, as it is now beginning to show signs of doing (AMZN) the same thing could happen here.

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