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: craig crawford who wrote (131285)	9/15/2001 9:22:12 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

not only is there the psychological factor to consumer spending, there is also the possibility of rising prices. have you factored in the possibility of rising material costs glenn? Craig, I can tell you with certainty consumer spending came to a halt since last Tuesday. I do not know if people were so focused ont he news they never left their house or if they are so afraid of the future they will not spend. I am anticipating a huge rise in certain commodity items such as gold and oil due to a variety of factors. I do not now know if a rise in the cost of commodities will effect that many people from an economic point of view. A lot has to do with which commodities and how great the price increase may be. I placed my money where my mouth is. I bought a lot of gold this week. Not the stock but the actual bullion as a hedge against a slowdown in the demand in my business.