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Technology Stocks : America On-Line (AOL)

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To: Bazmataz who wrote (29349)8/13/1999 12:19:00 PM
From: John Carpenter  Read Replies (1) of 41369
 
Barriers to entry are important considerations. What does
AMZN or EBAY have that a competitor can't improve?
At least with AOL, you've got some "stickiness".
People don't want to leave AOL, because their buddies
in the chat rooms are there. There's a whole young
generation of teenagers(adults too) addicted to AOL's chatrooms
and instant messaging.

At least AOL and EBAY have some earnings. I honestly
don't believe AMZN will ever be profitable. I think
AMZN's operating losses will deepen as competition intensifies.
If AMZN can't earn money now, it's only going to get worse
for them. The more I look at AMZN, including the very poor
quality of their human resources, the more I realize that the
Emperor has no clothes. AMZN is a game of musical chairs,
I wouldn't want to be the last one standing.
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