Amazon.com, Inc. (AMZN) Message Board

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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: manalagi who wrote (119537)	3/7/2001 1:09:12 PM
From: Olu Emuleomo	Read Replies (4) of 164684

>>>This is Glenn's comment and I agree: There already have been a variety of stories about how Amaozn has done great damage to the economy. These stories are accurate. Amazon wasted money to sell produts at a loss which was a total waste of resources. In the process, they put smaller book stores and other related busineses out of business. This was a loss of job not only for the store owners but their employees too. The amount of total economic damage Amazon has caused is extremely large <<< I completely disagree! This sounds like whining about stock losses. I for one think that Amazon provides an incredible service. Why should they be bothered if mom and pop bookstores go out of business? Was DELL/AAPL/IBM bothered when WANG and typewriter businesses went out of business? Why be a luddite? Ever heard of creative destruction? --Olu E. btw: nobody forces anyone to buy stock in any company. If you buy stock, you need to do your due diligence and dont go blaming the CEO for your losses unless he/she somehow commits fraud. In that case, the SEC will catch up to him/her in the long run (hopefully)

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