Amazon.com, Inc. (AMZN) Message Board

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

AMZN 222.55

-1.6%

3:59 PM EST

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To: umbro who wrote (11958)	7/28/1998 7:28:00 PM
From: Rob S.	Read Replies (1) of 164684

Amazon's CEO peers into the future: mercurycenter.com "My intuition is that over some very large number of years -- and I won't even try to predict how many years -- some 10 to 15 percent of the book market will go online. So, in my own mind, I'm not seeing a huge fraction of the book market being online. There will be people who buy books both ways, people who buy books strictly at physical stores and a few people will begin to buy exclusively from online stores." Let's see . . . if Amazon.com gets 1/3 of that market (I'm being generous) then that would be 5% max of overall book sales. Not bad but hardly what many bulls imagine.

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