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

AMZN 217.15

-2.5%

Nov 20 3:59 PM EST

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To: Glenn D. Rudolph who wrote (102178)	4/26/2000 9:15:00 AM
From: H James Morris	Read Replies (1) of 164684

Glenn, This is what its all about Msft, but I wouldn't count Msft out of "post-PC computing on the internet". Msft has invested billions in companies who are the current leaders in "post-PC computing". That's were the bulk of Msft's investment income is coming from! Btw Wasn't it a great day for Eeln yesterday? The $40 mil investment assured investors...eeln won't go busto soon. >But the big future growth, he added, is not in PC software but in so-called post-PC computing on the Internet, where the new access devices will increasingly be television set-top boxes, handheld computers and "smart" cell phones. "The irony of this is that Microsoft has never been weaker in recent years," Eubanks said. "The future is Web-based computing and that is not where Microsoft's core competence is." Indeed, Wall Street's concerns that PC growth is slowing and Microsoft is not making the transition to the post-PC era of computing fast enough has been perhaps the main reason -- more than the breakup proposal -- that the company's shares dropped so much on Monday.

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