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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.70-1.2%Nov 14 3:59 PM EST

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To: Bill Harmond who wrote (39006)2/9/1999 11:56:00 AM
From: KeepItSimple  Read Replies (1) of 164684
 
> There's no inflation.

William, see if you can comprehend these statements of fact:

For the first time in the history of this country, the population has more money invested in equities than it does in homes.

The stock market (in most big cap techs) has gone up about 80 percent in the last 5 months.

If everyone's "wealth" is based on the stock market, then it doesnt take a genius to realize that rampant inflation is occuring. People just didnt notice it because inflation is normally linked to interest rates. When it sneaks up in the guise of equity inflation, it is still just as real.

Inflation, inflation, inflation. All caused by a spineless ex-manager of a failed savings and loan bank.
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