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

AMZN 229.55

+0.2%

Dec 5 3:59 PM EST

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To: Randy Ellingson who wrote (15241)	8/30/1998 9:02:00 PM
From: Bill Harmond	Read Replies (1) of 164684

>>One argument I haven't seen, which is in favor of Amazon's future being healthy, is that as the internet becomes more popular, the most popular web sites will become even more popular as new users come to the internet. That is exactly the investment thesis for Amazon: First-mover advantage combined with the principle of increasing returns.

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