Amazon.com, Inc. (AMZN) Message Board

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

AMZN 229.55

+0.2%

Dec 5 9:30 AM EST

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To: Randy Ellingson who wrote (15241)	8/30/1998 9:02:00 PM
From: H James Morris	Read Replies (3) of 164684

Randy<Bears, am I wrong, or is it an order of magnitude valuation problem you're claiming. Or let me ask it this way: If Amazon could garner 90% of the online music, books, and video (and I'm certainly not proposing this as a realistic scenario) within a year, but their gross margin remained the same as today, what's a fair value for the stock?> Let me ask you this? If you had the opportunity to sell Books, Cd's, any commodities to Asia,Latin America,Russia,or Mexico @ no profit! Wouldn't you rather sell them groceries @ a small profit? Why are you so concerned about Amzn's stock price, when the poor Russians are starving?

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