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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.37-0.9%3:59 PM EST

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To: Lizzie Tudor who wrote (54179)4/29/1999 8:09:00 PM
From: GST  Read Replies (1) of 164684
 
Michelle -- its related to liquidity. In Hawaii, for example, when the Japanese borrowed tons of money from their now-bankrupt banks, they came a spent poop loads of it on houses in Hawaii -- tripling prices in less than three years to levels 30% higher than the bay area. Its a sign of the economic boom in the Bay that prices have gone up -- but it is always the same story -- liquidity. In general, the world is being force-fed as much liquidity as it can stomach right now.
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