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

AMZN 232.49

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To: e. boolean who wrote (17938)	9/23/1998 10:40:00 AM
From: Bill Harmond	Read Replies (2) of 164684

>>1) where MSFT fits into the picture Microsoft has reincarnated MSN several times, and has once more, but isn't a factor in the portal space so far. Not that they can't be, but Microsoft doesn't have the same competitive leverage in this space that they have in the software industry. Yahoo has a huge lead, and continues gaining share. Yahoo has passed the point of critical mass, MSN is nowhere near reaching it. >>2) why it's assumed they don't have an Asian exposure. Yahoo has Asian properties, but they were so new going into the crisis that there was no financial impact. Importantly, the crisis has no affect on usage...which continues to grow. Those economies will improve with time.

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