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

To: Raiders who wrote (33100)	1/6/1999 10:19:00 PM
From: KeepItSimple	Read Replies (3) \| Respond to of 164684

This bubble will end when Greenspan cuts rates at an emergency FOMC meeting late in January. He knows if he waits much longer, the bubble will consume and destroy much of the wealth of the united states. For the first time in the history of this country, the average american has more equity in the stock market than in their homes. If the market continues at this rate, by February our bubble will make the Japanese real estate bubble look tiny in comparison. Stop, and think, longs. If the stock market continues at this pace, soon every man woman and child in the US will have millions of dollars of equity. That is the DEFINITION of out of control inflation. If everyone is a millionaire, a can of pepsi costs 40,000 bucks. There's no way around it, and Greenspan knows it. I only wonder if he'll do a repeat performance and announce a 3/4 point increase with 15 minutes left before Jan options expiration. (Oh, don't forget, he did the opposite last time so that Long Term Capital wouldn't collapse by buying billions of dollars in calls with 15 minutes left before expiration)

To: Raiders who wrote (33100)	1/6/1999 11:49:00 PM
From: Randy Ellingson	Read Replies (1) \| Respond to of 164684

But seriously when people like Day Trader and others are simply going out of control that simply adds up to the fact that there is correction brewing and it is going to happen very soon. Might I suggest that DT is his/her own entity, and that there really aren't that many "others" with a similarly well-thought-out message <g> ? In contrast, I can't believe how many people now say that AMZN and other Internet stocks "must fall" significantly from here. The price action is just too weird to be explained solely by mania/speculation (isn't it?). Is it really possible that the vast majority of people buying AMZN today are doing so simply for a trade, and not for some real present v. future value? I don't think so. That's not to say that we won't see a sizeable pullback sometime, anytime. But this company is being looked at as more than 90% hot air by the market. Randy