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

To: GST who wrote (78327)	9/23/1999 10:32:00 PM
From: Bill Harmond	Read Replies (2) \| Respond to of 164684

>>I came back from Japan on June 11th and I said watch for a dramatic slide in the dollar yen to undermine our markets (one day before the slide began. The dollar/yen isn't causing this. On June 11, the long bond was yielding 6.14% (and Amazon was at 52). The Japanese have far more invested in the US bond market than the stock market, yet the bond has rallied since your return on June 11. Needless to say, so have the Internet stocks. Who's ignoring the macro view again?