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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.19-1.8%Dec 12 9:30 AM EST

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To: Bill Harmond who wrote (87085)12/11/1999 12:36:00 PM
From: Eric Wells  Read Replies (1) of 164684
 
You are watching the Internet leadership get rewarded for the productivity it's bringing to the world.

William - the productivity enhancements are real, however, their magnitude is the subject for debate (is a worker really more productive if working hours are spent shopping on line?). I believe, however, that the profit-making opportunities made available through such productivity enhancements are greatly exaggerated. And the rewards being paid to shareholders and executives of internet companies that are attempting to take advantage of such profit-making opportunities - well the rewards are excessive.

-Eric
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