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

AMZN 226.76

+2.5%

3:59 PM EST

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To: Radim Parchansky who wrote (62047)	6/11/1999 9:22:00 PM
From: KeepItSimple	Read Replies (1) of 164684

>If e-commerce grows exponentially for the next several years why would all >i-nets go down 90%? One word. Competition. If no other internet e-commerce companies ever existed from this day forward, then I would certainly agree that existing companies will make out like bandits. But of course, new companies are entering every day, and margins are getting smaller and smaller. Hell, even with the relatively small number of ecommerce companies in existence today, almost none of them can figure out how to make a profit. (excluding porn, which accounts for 68-69% of total ecommerce revenue, according to the wall street journal)

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