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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.08-0.2%Dec 29 3:59 PM EST
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To: Bill Harmond who wrote (12417)8/3/1998 2:31:00 AM
From: Rob S.  Read Replies (1) of 164684
 
I said flat to marginally up. 6% is a marginal increase compared to what investors have come to expect. I think the large increases will become increasingly hard to achieve as competition heats up. The inflated stock price looks easy to justify by looking at the hostory for rapid growth but much harder to justify when you look at the current slowing trend. I think things will get much tougher rather than easier in the future.
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