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

To: GST who wrote (157646)	6/4/2003 10:31:59 PM
From: Victor Lazlo	Read Replies (1) \| Respond to of 164684

<<and right now it appears that a recovery has been priced into the market with no significant signs that we are going to see sustainable growth actually take hold in the economy any time soon. >> In the Spring of 2000, it appeared that a recession was starting to get priced into the market with no significant signs that we were going to see a downturn in growth in the economy. The market always foresees turns in the economy long before economists or politicans or most other observers do. I'm not saying we're in a sustained recovery, not by any means. I think a lot of the econ projections and earnings estiamtes for the 2nd half of this yr are overly optimistic. But it could be around the corner.