I agree. I think Amazon is the core holding e-commerce pure play.
Lucent in public switches, Cisco in internetworking, Microsoft in tools, SAP in enterprise applications, Yahoo in directories, Amazon in e-commerce.
All of these companies are rare beneficiaries of increasing returns. Their businesses are snowballing. Just look at their charts. What correction?
Its totally amazing... I came up with a profile of the typical AMZN holder. It turns out that they are all CLONES! I'm amazed.
AMZN Owner Profile
Owns one or all of the following: CSCO, DELL, PFE, LU, YHOO
I hate to cut and paste, but I'm afraid that I now have a cookie cutter answer for the cookie cutter investor. Please follow link below. I wish you all the luck, William. I would, however, suggest to you, that there just may be more to investing, than finding the biggest bandwagon available to jump on. :)
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