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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: Imran who wrote (11427)	7/23/1998 12:12:00 AM
From: Bill Harmond	Read Replies (1) of 164684

>>I said barriers to ENTRY, not barriers to 3 million accounts. Barriers to entry is a meaningless term unless you are implying that a new entrant could compete and be a real threat to Amazon's market position. That's like saying that anyone can make corn flakes. Anyone can make corn flakes. There are no barriers to entry in the corn-flake market, but taking share from Kellogg is a different matter entirely. Many have tried and failed. >>why isn't anybody talking about the 100% loss increase. The loss was less than last quarter and margins improved. These are stellar results.

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