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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: Olu Emuleomo who wrote (119600)3/7/2001 1:14:30 PM
From: Alomex  Read Replies (1) of 164684
 
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?

You miss the point Olu. If Amazon had driven out of business the mom and pop stores with a valid business model, nobody would be sheading a tear from them here. What upsets many here is that the mom and pop stores might have been driven out of business by a non-starter business model.

In other words, WANG went out of business because they failed to innovate, the mom and pop stores *might* have been driven out of business because they did not overhype a doomed-to-fail business model in Wall Street.
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