Amazon.com, Inc. (AMZN) Message Board

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

AMZN 227.78

+0.4%

12:10 PM EST

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To: Steve Yuan who wrote (71321)	8/2/1999 3:57:00 PM
From: Bilow	Read Replies (2) of 164684

Hi Steve Yuan; AMZN is falling off the end of the dock as I type. I am typing verrrrryyyyy slowwwwllllyyyy because one of AMZN's bummed out investors trades in here and he hates to hear me type fast. The other thing to remember is that Bezos talked up books as being the easiest thing to sell on the net. All the stuff he is now expanding into are less profitable, or more expensive or whatever. In other words, he has already mined the "high grade" ore from the internet mountain. The same thing applies to the population demographics that are connected up to the internet. The wealthy connected first, now the people with less free cash flow are connecting. The early growth was the high grade stuff. AMZN looks to be headed to test the $90 point that everybody has been talking about. -- Carl

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