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

To: JBL who wrote (19745)	10/3/1998 12:32:00 AM
From: Bill Harmond	Read Replies (2) \| Respond to of 164684

I'm listening to the market. What I hear is that it's exhausting its decline. The number of new losw is contracting. The banks look to be bottoming. We've already had a steep correction. Some sectors are weak like the retailers and networkers and they aren't done correcting apparently, but the high-growth insulated issues like the Internet issues are acting great...and interest rates are going lower. So the classic formula makes sense to me: Own high-growth stocks with increasing institutional sponsorship during periods of declining interest rates. Forget the news. The news is out. Breadth is improving. It's a market of stocks.