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

To: Victor Lazlo who wrote (107400)	8/22/2000 11:16:10 PM
From: schrodingers_cat	Read Replies (1) \| Respond to of 164684

I think that it is what everybody has been expecting for some time now, but the "rate hikes are over " rally has probably already happened. I also think the longer term outlook is quite bullish for the NAS as the U.S. economy is still strong and the tech stock story is still there. Of course, Sep and Oct are historically bad months. Is that why you think they could be rough?

To: Victor Lazlo who wrote (107400)	8/22/2000 11:25:56 PM
From: John Chen	Read Replies (2) \| Respond to of 164684

Victor,re:"Thought on rate". Is there relationship between 'rate' and 'money supply'? If the answer is yes and FED is not 'adding money supply' by 'lower interest rate' and AG keeps 'praising the new economy productivity' then AG is laughing in the back room. I think it will be tough for the rest of the year. Think about it, AMZN has sucked so much money from the market alone, and all those failed IPOs and there are still plenty of them floating around. And the 'new economy incubators' keep supplying the food(stock) chain whenever they catch the moment of fantasizing public, so where is 'money supply'. Is AG obliged to support the fantasy? I don't think so. Watch for a 'soft landing' of the market. By the way, what is the 'model' of AMZN: A web-page wrapped 'brick-and-mortar'. "remember we had this BIG announcement (selling something on the web and the market gave us ?billions), it was easy money, eh!". That was some achievement. Life is good when you are 'smart'.