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


To: Glenn D. Rudolph who wrote (117360)2/11/2001 1:55:22 PM
From: The Reaper  Read Replies (1) | Respond to of 164687
 
Glenn, using a 4-week average, the fed starting providing liquidity at a 22%+ annual rate the week of Dec. 18. They started putting the brakes on the week of Jan. 25. There's a 2 week lag time between reported data and reality. My guess is that they have not reversed the braking process in the last two weeks. I think that more than anything is what's providing the pressure on this market. Companies like AMZN that are in need of financing are toast.
BTW saw you on TV!

kirby