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: Rajiv who wrote (29778)	12/14/1998 5:04:00 PM
From: Rob S.	Respond to of 164684

No, of course not. -------------- The world economy is going through the most dramatic shift in decades - peaks and valleys of the post cold war market production over-capacity v. growth, plus the Internet revolution. The Internet increases the efficiency of commerce but that efficiency will require tremendous societal restructuring. Combined with world-wide liberalization of trade and the tremendous build up in production capacity, the economic problem of the new millennium is likely to be deflation rather than inflation. More and more cheap goods able to be bought and compared from more and more competitive sources at the ease of some mouse clicks. Prices in many products are already down to the point where margins are thin to nothing. The US fed and other world monetary agencies are pumping up liquidity in the attempt to prevent collapse. As a bi-product, there are a lot of bongo bucks chasing around the darlings like Amazon. The American consumer is perhaps the last great hope to stave off a major worldwide recession. During times of dramatic change, people tend to seize on the agents of change as the best (safest?) places to put their money. As long as these macro-economic trends continue, you can expect wild volatility and irrational exuberance.