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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: Sarmad Y. Hermiz who wrote (50169)4/14/1999 1:14:00 AM
From: GST  Read Replies (1) of 164684
 
Sarmad -- The perception is that growth is slowing and competition is becoming cut-throat -- yes? Also, while the international backdrop may not be sending a very strong signal -- there is a faint message that something is up. The yen is below 120 and picking up steam on a day when Tokyo is selling off -- the techs again. If interest rates move up as the week moves on, the combination will be bad for tech stocks -- although not necessarily the nets, at least not at first.
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