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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.10+2.5%Nov 24 3:59 PM EST
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To: Mark Fowler who wrote (60534)6/4/1999 1:05:00 PM
From: GST  Read Replies (1) of 164684
 
Mark -- the yield curve today is becoming steeper -- exactly what you would expect if the fed is getting behind the curve. The consensus view is that this will blow over. That is why it will hit the market harder than expected. Rates are heading up and this is not priced into the stock market -- yet. AMZN is not exactly taking off today. How come?
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