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

AMZN 231.69

+1.7%

3:59 PM EST

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To: Tom D who wrote (3669)	4/29/1998 10:10:00 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

Somebody else criticized this vision of mine as that of an unfocused company. Is Wal-Mart unfocused because they sell so many different types of merchandise? Tom, Walmart is a "discount" store. All their merchandise is really the same. Look for large appliances, automobiles, qua;ity furniture, etc. You will not find it. They stick to merchandise they know. Low end discount. Alex Brown projects 5% annual growth in the US Book market Alex Brown knows far less about the book market than the people that sell books. I would rather here what BKS and BGP are projecting. Those are numbers I can trust. You may have some kind of vision that I certainly do not understand. However, AMZN is a flash in the pan and will be gone within three years. They do not even have a business model in their 10K. Glenn

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