Amazon.com, Inc. (AMZN) Message Board

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

AMZN 232.37

-0.9%

Dec 3 3:59 PM EST

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To: H James Morris who wrote (127607)	7/2/2001 12:21:09 PM
From: Skeeter Bug	Read Replies (1) of 164684

hjm, i would argue that bezos did what the market wanted him to do... sell at a loss to gain share. the net was never good for most businesses - free flow of information amongst customers is terrible for business when consumer ignorance is at least 50% of the net profit. take away ignorance and profits shrink dramatically. throw in access to unlimited capital and everyone sells at a loss. amzn was nothing more than a glorified mail order company w/ a web page in a TOUGH environment. bezos made his tens or hundreds of millions. why should he make a profit? why should he care? if they want cake, let them eat cake!

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