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

AMZN 232.38

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To: Glenn D. Rudolph who wrote (72558)	8/7/1999 8:00:00 PM
From: Bill Harmond	Read Replies (5) of 164684

>>Amazon has changed "plans" continually. I'd care if the revisions in business plans were more conservative. They've become increasingly aggressive. I like that. Joy Covey told us last September (reported by me here) that the mistake they made was underestimating the opportunity size. Jerry Yang said (on Charlie Rose) the mistake Yahoo made was being focused on profitability, and not being more aggressive building out "like Amazon is doing". The naysayers can play with themselves all the want. As someone told me this week, start imagining Amazon, AOL, Yahoo and the other leaders in the context of a broadband Web. Imagine what that does for customer experience and barriers to entry.

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