Amazon.com, Inc. (AMZN) Message Board

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

AMZN 233.22

+1.8%

Nov 28 9:30 AM EST

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To: Tradegod who wrote (7627)	6/25/1998 10:10:00 PM
From: put2rich	Read Replies (1) of 164684

My impression is that those who buy a lot of CD's (like teenagers or low middle class) love to go to stores to shop and normally do not have computers and internet. They don't have patience to go to computers turn it on and log to the net. Most baby boomers who have high income rarely bought many CD's and even books - what is the time to make money to pay the bills, the time to search/play with the net, the time to listen/read CD/books. Not counting about competitors as stores, mail-orders and may be a looming recession 1 or 2 years from now. With so much money spent on CD's/books/new stuff where the money to buy just 1 share of amzn. Any knows the number of employees at amzn? If they have 300 then each employee is worth just 16Millions. What happens to the float if many want to cash out their stock options to retire? Do they believe that if they work harder for 5 more years their stock might be worth $200 or $500 a share? No need to be a rocket scientist to figure out.

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