Amazon.com, Inc. (AMZN) Message Board

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

AMZN 232.08

-0.2%

Dec 29 3:59 PM EST

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To: Candle stick who wrote (2907)	4/8/1998 11:30:00 PM
From: Tom D	Read Replies (1) of 164684

Interesting. What do you conclude? 1) By conventional valuation methods, these companies are way overvalued. Everybody on the thread will agree with this. 2) If I was him, I'd be scared shtlss because of his last paragraph: <<<These four publicly valued companies have said that they plan to spend $155 million on advertising and promotion this year on a sales base last year of $190 million. This could be more money spent on promotion and advertising than the entire retail industry of books and music spends throughout the country.>> What is going to happen to his market share if he refuses to take part in the marketing wars? These four internet companies are going to steal his customers or die trying. Best Regards, Tom D

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