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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.90+0.4%3:59 PM EST
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To: Bill Harmond who wrote (118514)2/25/2001 11:20:57 AM
From: Glenn D. Rudolph   of 164684
 
Bill, I am going to start here with some posts down memory lane. Many are not replies from posts to you. Most will have to do with the opinion I expoused regarding Amazon's future from years gone by. It is easy to see what I was replying to because I always quote of the prior post.

Edit: I see the italics will not show in italics but I am certain this is easy to follow.

To: Billsig who wrote (47828)
From: Glenn D. Rudolph Monday, Mar 29, 1999 7:42 PM ET
Reply # of 115235

''I think it'll (share price) go up about $10 to $15. I don't think there's any cap on it. If
you look at Wal-Mart, Wal- Mart's a $150 billion company. There is no reason that
Amazon's opportunity isn't as large as Wal-Mart's. It's not going to get there in a year or
two, but it's a long-term story that you've got to have in your portfolio.
My goodness. What baloney.

''It is a perfect business for the Internet. eBay has shown how successful they can be, by
doing it. It allows Amazon to go into multiple categories very quickly because they don't
have to scale the fulfillment size -- they can just have their customers sell each other
stuff, the same way eBay do. Lastly, it is very powerful when integrated with Amazon's
other services.

I do not see EBAY burning the house down with profits. They have some but very little.

Glenn
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