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

AMZN 244.41

+0.6%

Nov 7 9:30 AM EST

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To: Libbyt who wrote (123018)	4/4/2001 9:41:11 PM
From: HG	Read Replies (1) of 164684

fwiw : My .02 We are waaaaayyyy ahead of ourselves in the game......and while the going was good, it was okey. The money flowing around could ramp up the tech revolution....there was an urgent need for it. This slowdown gives a new name to the term "whole new ballgame". It reminds me of the DEC's alpha chip in 93 or 94. They came up with a 700-1000 MHz or some such crazy processing power, back then when Intc had just unveiled 60 MHz or some such sh%t. I mean..DEC created this alpha chip, but no one in the world had any hardare or software to harness the power of that chip. And digital wasn't smart enough to make it open platform....that was their biggest mistake. The point is....its here...but the world cannot move at the speed of e commerce. Not now, while this meltdown is happening.....there are more serious issues for companies to consider.... IMVHO, it wasn't about bad management. It wasn't about flawed concepts. It wasn't about unethical behaviour. All this may have been there, but development and breakthrough is never perfect. Is it so hard to imagine that books and music and electronics will be ppurchased and distributed over the net in 3001 ? Isn't it a foregone conclusion ? I think it was about speed of delivery. Things were happening too fast. Too much change for the world to absorb and implement all at once. You can run at top speed only for so long. Eventually you have to stop t catch your breath...something has to give. So we've hit the breaks for now. The companies that can survive this ice period...will be revitalised. Or else, someone else will just have to build another AMZN when the world is ready for the next leg up....incrementalism is always the best policy...its a Darwinian approach for survival and perfection of systems. And it will happen. Bezos wasn't wrong. He just didn't time it well. And he might pay a very heavy price for it. The next generation of 'entrepreneurs' will just take these building blocks from the ruins of today...and make a success of it. Its sad for the ones who fought at the front lines...but thats how it is. It will happen. Just won't happen as fast as we had planned it to happen. <Getting off the posium now>

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