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

AMZN 228.10

+3.1%

10:53 AM EST

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To: Lizzie Tudor who wrote (88831)	12/28/1999 12:35:00 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

You know Glenn - I don't know. I have thought all along that some items like books have a value-add component from the web so having the absolute cheapest price is not imperative. Those lines can be profitable - books, wine, some high-end electronics for example. But whether auto parts or pet food will ever be profitable... I'm not sure. I do believe one category killer for each retail space will survive or maybe two but not 10 like we have now... ex. sports: fogdog, dsports, sportsauthority, etc etc Liz, We agree completely. The real issue is that the cheapest price is not what counts in the long run.

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