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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 230.27-0.6%3:59 PM EST

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To: Doug Fowler who wrote (62207)6/13/1999 9:29:00 PM
From: Rob S.  Read Replies (1) of 164684
 
Online auctions is a good use of the Internet but it is easy to do and only a few firms have any significant protection from competitors. eBay has a volume advantage but Amazon has a better executed site, IMO and will gain market share. However, I expect that there will be lots of others, including the local newspapers and syndicates, who will get into the action. If OnSale's and PriceLine's various patents hold up, they may muddy the waters a bit for both eBay and Amazon. In any case, the money this generates in measured in the tens of millions, not the billions that Amazon needs to grow make a profit and justify the stock price.
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