Amazon.com, Inc. (AMZN) Message Board

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

AMZN 220.66

+1.6%

Nov 21 9:30 AM EST

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To: llamaphlegm who wrote (10246)	7/14/1998 1:00:00 AM
From: Andeveron	Read Replies (4) of 164684

>> the recent interest in Internet shares brings to mind stock crazes from the 1950s and '60s: Uranium stocks at the dawn of the Cold War, drug and biotech stocks after the discovery of a polio vaccine << The tulip comparisons get old and stale after a while. The problem with those analogies is that uranium, as an example, is not used in everyday life by millions of people. Polio vaccines are great for mankind but it is used once in an individual's lifetime and that's it. The internet is the new marketplace for conducting business, transactions, leisure, etc. It's reshaping the way information is relayed from the source to the masses. It is something that will be used for everyday life by millions of people. It's not going away and the players that are in it will stand to prosper from it's growth. Uranium never had such claims. I think AMZN is a steel bubble. It won't pop easily but even when it does, it has value with it's market position and it's customer base. When Joe Sixpack looks for books, he'll find it much easier to type in www.amazon.com than www.barnesandnoble.com (or whatever they have set up).

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