Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: GST who wrote (64756)	6/26/1999 3:55:00 PM
From: Bill Harmond	Read Replies (1) \| Respond to of 164684

GST we've been through rough patches in the bond market before, like 1994 (far worse than this one) and 1997. They're transitory as long as the fundamental fiscal and monitary policies are in place, which they are. Real interest rates are very high right now, which means inflation has to accelerate, or long yields have to come down. There is no evidence that inflation accelerating, and the Fed is taking measures to see it doesnt. The bond market itself is a negative feedback mechanism to inflation. I'd be a buyer of bonds here.

To: GST who wrote (64756)	6/26/1999 4:24:00 PM
From: Sarmad Y. Hermiz	Read Replies (2) \| Respond to of 164684

>> (1) These high pe and ps stocks will do what the bond market tells them to -- at least in the event of a rising bond yield. At 6.5% AMZN will drop like dung off the Empire State Building. << And then go SPALT! I would like to know what was the cause of the 55% drop in amzn price in Jan/Feb, and the subsequent 110% rise in March/April. Interest rates were standing still during the whole time. So if amzn makes wild moves with no relation to interest rates, why do you think interest rates have an influence on it ?