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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.70-1.2%Nov 14 3:59 PM EST

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To: tonyt who wrote (10354)7/15/1998 12:23:00 AM
From: Dwight E. Karlsen  Read Replies (2) of 164684
 
Another idiotic internet article, devoid of thought, unless the author was being sarcastic. If the DOW went to 5000, what makes the author, RICH KARLGAARD of the WSJIE, think that all the internet surfers will still happily pony up $19.95/mo for a frill like internet service? Surely in the following senario laid out by the author;

"In a prolonged 5000 Dow recession, bookstores may go without new carpeting. Store clerks will dress more shabbily than they do when the Dow is at 9000. Customers, already irritated from their drive in an jalopy, might arrive at the store and find they have to step over bums or wedge past angry clerks shouting union slogans. Or have you forgotten what bad times feel like?"

Surely if that senario comes to pass, ISPs will see some internet cancellations. Not only that, but it doesn't make sense in the first place to pay $19.95/mo for the "privilige" of actually paying more for a CD at Scamazon.com than one would have to pay at a "real" i.e. bricks and mortar store.

"Recession-Proof", my a$$.

DK
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