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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: Mark Myword who wrote (5120)6/7/1998 4:38:00 PM
From: zebraspot  Read Replies (1) of 164684
 
General questions to all:

-What is CEO Bezos'(any relation to Bozo?) prior track record in business? Is he learning on the job, and if so, why not bet your money on another company that has proven management?

-Isn't it possible that Borders was reluctant to get in the e-side of the business because they are (right in) judging that *no one* will make profits in this low margin biz? After all, with real time lowest price guarantees all around, the price of the book might go to $0.0<!>

-Why is AMZN worth even what it was a year ago(about 1/4 of today's price)given the new reality of increased competition and margin pressure? Why would $30 be a base, when the stock was much lower than that a year ago, and their market share and margins are looking less rosy?

Thanks.
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