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


To: Alomex who wrote (151913)1/24/2003 9:52:32 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
Consumer confidence really started going down in December. Credit card debt has been declining for a couple of mos, proving that consumers are tightening up and at least trying to pay down some debt.

Looks like employment levels will not improve much in the next six months, maybe even not this year.

None of this portends well for discretionary goods sold by Amazon.