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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.22+1.8%Nov 28 9:30 AM EST

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To: Cap_Loss_Cfwd who wrote (65883)7/1/1999 6:36:00 PM
From: Greater Fool  Read Replies (1) of 164684
 
>>I think one auction phenomenon worth pointing out is that it is very much a fad.

I came to this conclusion after attempting to buy DVD's online. Curiously, most don't sell for significantly less than you can buy them for at outlets such as 800.com. So why go through all the headaches of bidding, negotiating shipping terms with sellers, getting a certified check, and so on?

Simple -- it's a fad.

Some of what's holding Amazon afloat is this same faddishness. Online shopping will become more and more utilitarian over time.

/GF
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