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

AMZN 229.12

-0.2%

Nov 26 3:59 PM EST

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To: Bill Harmond who wrote (42529)	2/25/1999 1:53:00 PM
From: GST	Read Replies (1) of 164684

William <I think the bond sell-off is bogus> I sort of agree. I cannot verify one way or the other the amount of Japanese selling. The perception is there now that Japanese selling is picking up -- but I am not so sure. If it is not and we are pricing in a stronger economy, then I think you will see a bond rally before we get to 6.75 cause strong as it is, the bond buyers will show up by that point. My focus here is very short term -- I think we can rally, but I think the rally will be the end of the market run for a while -- meaning for the next 3 to 6 months.

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