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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 230.27-0.6%Dec 11 3:59 PM EST

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To: Dwight E. Karlsen who wrote (69414)7/25/1999 9:53:00 AM
From: Glenn D. Rudolph  Read Replies (2) of 164684
 
Precious metals are commodities.

Precious metals are commodities in their rare form but not has a finished piece. It is not even close to a commodity.

Precious stones would seem to be also.

No two are ever alike. This is as far from a commodity as one can get.

A
commodity doesn't imply worthlessness. It simply implies a lot of competition. Is the
jewelry business a competitive one? I think it probably is. It is around my metro area,
anyway.


I believe this definition to be inaccurate. A commodity is a product that is interchangeable. The amount of competition is irrelevant.

Anyway, I certainly wouldn't purchase a diamond from Amazon. If there is one thing
that I would want to see with my own eyes before purchasing, it would be a diamond.
But that's just me.


What about GIA, EGL or AGS certified diamonds?

Glenn
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