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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.70-1.2%3:59 PM EST

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To: Tom D who wrote (1441)2/5/1998 8:37:00 AM
From: John May  Read Replies (1) of 164684
 
Tom D.

Great post! Glad you're here; I've been a voice in the wilderness among Candle & Co. - the tenacious AMZN shorters. Haven't had much luck with them, and I don't give you much chance, but I'm glad they're here. A thread without contrary opinions is no debate, just a bunch of cheerleaders.

To believe in AMZN is to believe in the future of the Internet. Good article:

my.excite.com

Among other things it says:

<<Online shoppers should double their spending to $4.8 billion in 1998 from the $2.4 billion recorded in 1997, according to a recent survey published by consulting firm Forrester Research Inc. The report predicted online sales revenue would skyrocket to a whopping $17.3 billion by 2001.

"The clear trend is that online consumers are converting from window shoppers to buyers," said Kate Delhagen, senior analyst for people and technology strategies at Forrester Research.>>

There's been a lot of renewed talk about AMZN entering music business. Has there been an announcement? NTKI (Music Boulevard) weakened recently. Is AMZN the reason? Anybody know?

Bob, how many points are you giving me on Carolina tonight?
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