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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 244.25-2.0%Nov 12 3:59 PM EST

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To: GST who wrote (105226)6/22/2000 8:03:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 
AMZN will be someplace between zero and where it is now. It does not have great
potential. It is vastly over-valued.


GST,

I believe you are correct. AMZN needs to exit the fulfillment facilities they leased but most leases are for 10 years or more. Amazon needs to put in place brick and mortar outlets so they will have multiple channel selling. This takes a lot of capital. Amazon's name is now well known so if they did open some brick and mortar outlets, they likely would get a fair amount of traffic. They would only need them is the larger cities and not too many.
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