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

AMZN 234.70

-1.2%

Nov 14 9:30 AM EST

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To: GST who wrote (100362)	4/13/2000 11:32:00 AM
From: Sam Citron	Read Replies (3) of 164684

>>Positional actually means that we want it largely because it represents something others can't have if we have it. For example, going to Harvard is positional. Sorry if I am taking your post out of context, but I was interested because I have never heard this term before. I have never known anybody who went to Harvard for this reason. The reason I went to Harvard is that I felt it represented the best education that money could buy, not that it conveyed an exclusive positional benefit. Harvard is a network and as a network its value increases rather than decreases with size, scale, and scope. I think your concept of positional goods may be rooted in commodity goods like precious metals. I don't think the analogy fits a modern networked economy very well.

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