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

AMZN 229.55

+0.2%

Dec 5 9:30 AM EST

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To: Mark Fowler who wrote (6291)	6/16/1998 9:49:00 PM
From: Andeveron	Read Replies (2) of 164684

>> respond positively to last week's launch of the online music business << If the market can move KTEL from $3 to $80 based on it's miserable music library and start-up music business, it will certainly give AMZN the same sort of valuation rocket now that it is competing with the likes of CD-Now and N2K. AMZN is established cyber real estate. Some might say it's sitting on the Park Ave of the internet. No one makes money but who cares? This is the internet baby! Now, imagine if AMZN gets into e-tailing garden furniture. We'd be looking at another 50 point run while hapless shorts bemoan the fact that the valuation makes no sense and the bubble is about to pop. And when the stocks begins to tank, AMZN simply announces that they're getting into something else. Who knows, by the time it's over, AMZN may be the Walmart of the Net and Bezos will own America, all paid for with good as gold AMZN paper.

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