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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.10+2.5%Nov 24 3:59 PM EST

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To: Glenn D. Rudolph who wrote (61430)6/9/1999 2:59:00 PM
From: dbblg  Read Replies (2) of 164684
 
>>Tom, Amazon made you
money due to a manis in the net stocks. It is that simple.

Glenn,

Do you really believe that? I am net short the sector, and think there is probably more downside ahead for AMZN, but continue to be impressed by AMZN's vision and execution. (Vision: using the web to address the retail wants of upper-middle income baby boomers (a niche, ironically, most clearly delineated by Barnes and Noble offline). Execution: getting to 1+ billion in sales without having the wheels fall off; turning market euphoria into a business plan by raising enough cash to give themselves a chance to survive the coming, likely bloody, e-commerce wars.
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