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

AMZN 220.66

+1.6%

Nov 21 3:59 PM EST

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To: GST who wrote (40731)	2/17/1999 9:21:00 PM
From: Sarmad Y. Hermiz	Read Replies (2) of 164684

G, I know you give no credit to this. And maybe you want to press your luck to the end. The CPI number has a lot of influence. It has in the past reversed a trend in a violent manner. The PPI by itself doesn't do a lot, except as a suggestion of how the CPI will be. Even when it confirms a widely expected number it changes the market. So unless you are convinced that we are seeing a liquidity crunch and the Japanese will keep doing their thing, and the Fed will be content to let them keep doing it, it just looks very shaky for tomorrow. Especially since Globex is not confirming the trend. -Sarmad

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