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

To: GST who wrote (124506)	5/3/2001 3:10:53 PM
From: H James Morris	Read Replies (3) \| Respond to of 164684

>I cannot see a single reason to own this stock -- me or anybody else. Gst, not to disagree but there must still be a reason the 'big elephant' Legg Mason still owns a 'ton' of Amzn stock and convert bonds. Btw What do you think the fed will do May 15? I think 50 basis point cut will be good, but that's already priced into to the April rally. The #1 role of the Fed used to be protect us from inflation. If inflation is rearing its ugly head that will make it difficult for the fed to cut. I'm looking at gas retailers getting ready for $3.00 per gallon. It might sound alright for Hawaii, but not for us on the mainland.