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

To: M. Frank Greiffenstein who wrote (18892)	9/28/1998 10:21:00 PM
From: Herring	Respond to of 164684

Maybe he will increase the rate just to make it seem everything is fine! LOL Herring

To: M. Frank Greiffenstein who wrote (18892)	9/28/1998 10:21:00 PM
From: MR. PANAMA (I am a PLAYER)	Read Replies (2) \| Respond to of 164684

Frank do you know if these HEDGE FUNDS are SHORT Tons of NET STOCKS and are going to be forced to buy in thus go KAPUT as you state.Or do you now have a different definition of Kaput.

To: M. Frank Greiffenstein who wrote (18892)	9/29/1998 12:56:00 AM
From: Rob S.	Respond to of 164684

Yes, I agree. At this point I think the rosey outlook of the rate decrease will meet smack in the face with reality - a dreary world market scenario for the next 12-18 months. There will be some bright spots, but we will see a "rolling" recessionary trend for a while: as one industry gets notched down they cut back and that effects the next round of companies. Very few industries will escape this and NO super-inflated P/E companies will for very long. Give Amazon 6-9 months and it will be 1/4-1/3 the current price, IMO.