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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: GST who wrote (60540)	6/4/1999 1:12:00 PM
From: Mark Fowler	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 As i said before go back and study the yield curve It has been more flat than what has been the normal for a long time and back a few months ago it was inverted. Rates are priced into market,Imo.

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