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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: GST who wrote (64446)6/24/1999 4:02:00 PM
From: KeepItSimple  Read Replies (2) | Respond to of 164684
 
So how long until William and Glenn admit defeat? I'll wager that William sold most of his internuts today. Certainly he sold AMZN.

>you don't need a supercomputer and an economist to tell you want happens under
> those circumstances.



To: GST who wrote (64446)6/24/1999 4:17:00 PM
From: Sarmad Y. Hermiz1 Recommendation  Read Replies (2) | Respond to of 164684
 
>> Now there is a glut of net stocks and liquidity is drying up -- you don't need a supercomputer and an economist to tell you want happens under those circumstances.
<<

Right. You'd expect amzn to go down 100 pts. And it did. You'd expect msft to drop a few points, and it did. The question is when to buy again. One thing I don't understand. There is a large budget surplus. Supply of bonds should shrink. Why will treasury rates go up ? 200 $billion will be released from bonds. It should be avail for stocks.