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

AMZN 248.41

+1.6%

Nov 10 3:59 PM EST

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To: Mark Fowler who wrote (94104)	2/20/2000 11:38:00 AM
From: Glenn D. Rudolph	Read Replies (2) of 164684

There is a new era of fairness dawning in a America , it's called the internet, "the information age" will level the playing ground for all Jim. And it has been Clinton's policies that has help the internet grow. Mark, You are assuming the playing filed was not level in the past? Currently, we have the rich becoming far more ruch and the blue collar worker falling further behind. This may not be the case down the road as the internet medium matures but it certainly has been the case during the last three years. In my market area, three independant jewelers have close their doors due to margin squeeze and these are hardworking people. One may argue they did not stay with the technology curve and therefore deserve it but I do not agree. There is apparently more corruption in my industry than I had known about. I agre the internet had made it possible for me to catch these problems and protect my operations from them. On the other hand, I am not sure the internet and of course large greed, did not increase the amount of corruption. I had to deal with some real problems this week in discovering too much greed in certain suppliers of mine and finding they were lying to boot. As margins decrease due to easy comparisons in pricing, it is not in the item the average person buys in my industry. It is in the item that the very wealthy buy and they are benefiting while the average person is definitly not paying less. The largest winners here are venture capitalists selling stock in not profitable firms after the lockup. Most venture capitalists were wealthy prior to the net. Now they are ten times as wealthy. How does the person working as a grinder in a tool and die shop really compete here? Glenn

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