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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 239.12+0.4%Jan 16 9:30 AM EST
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To: Tom D who wrote (17578)9/19/1998 12:37:00 AM
From: e. boolean  Read Replies (1) of 164684
 
I'm afraid I'm actually understanding your reasoning here!

>>Eventually AMZN must generate profits. But before that will happen we will have several years of a war of attrition which will demoralize and/or destroy AMZN's competition....
Who wants to compete with AMZN?
Why would they want to? AMZN is ruining the online book and music markets for everybody, and gobbling up market share in the process.

This line of business stinks, and NZMA is going to hog it all to themselves! And then they'll reveal that it is actually insanely profitable, but by then everyone else will be too pooped or broke or demoralized (interesting concept) to participate.

Makes some kind of sense -- except companies like Paul Allen's Reel.com is actually making money by selling used videos from their book and mortar Hollywood Video division. And companies like Bertelsmann and Time Warner are the producers of the goods they will be selling, so increased efficiency will mean fatter profits for them. Increased efficiency means death to those who are only middlemen like -- hmmmm, anyone we know?

Do you really think Bezos' buddies will provide him with deeper pockets and more staying power than the above?

e.b.
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