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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: Mark Fowler who wrote (22002)	10/17/1998 12:35:00 AM
From: Gary Walker	Read Replies (1) of 164684

Where's the winning proposition??? >>I remember Bks vs. Amzn.com when first went public and what a damn bully that Bks was made out to be. And now look where they're -- Bks in second place.<< I would rather be in second place making money then to be in first place losing it. In case people forget, consensus estimate -$1.70 in '98 and -1.74 in '99. Hummm...sounds like a losing business proposition to me. My boss would fire my butt if I submitted a business plan like this. Of course if I could deliver a multiple of 10 times annual sales then he would kiss me on the!!! Now there's an ugly thought!!! Amazon has setup a terrific web site for researching and ordering books and other products. The problem they have is clearly illustrated by your comments: Market share is the only measureable that matters at this time. They don't have a clue how to make money, and that's the only measurable that counts in the long run. Regards, gw

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