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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 220.66

+1.6%

Nov 21 3:59 PM EST

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To: JF2155 who wrote (61298)	6/8/1999 7:30:00 PM
From: Roader	Read Replies (3) of 164684

TO THREAD: Just saw the Bezos intvw on moneyline channel 10 in NY. I have never seen Bezos speak before but now that I have I think he is a joke. He demonstrated no vision whatsoever. AMZN isn't about books, music or whatver else their selling....it's about being the best and most efficent distribution channel in the world, yet, Bezos only focused on the former. He needs a much better argument than quicker shipping for leasing warehouse space. The logistics game has already been won by Walmart...been there done that... No wonder the stock is only at a $111. The best line was when the interviewer asked about selling $1 bills for .90 cents. Bezos say thats not true we have a 20% gross margin and its akin to giving away $1.20 for a $1. God...I hope he mean giving away $.80 for a dollar otherwise we are in trouble.... Roader

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