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

AMZN 229.60

+1.5%

Nov 25 3:59 PM EST

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To: Gary Walker who wrote (23452)	10/28/1998 5:45:00 PM
From: damniseedemons	Read Replies (3) of 164684

>The more they sell the more they loooosssee!> Not exactly. Right now, they lose ("loooosssee") money acquiring customers. The more items a single customer buys, the better. Amazon and Wall Street believe that they will hit an inflection point, afterwhich scale/leverage will kick in, in a big way. It's the same story as AOL a few years ago. The strategy is called "Get Big Fast," you would do yourself a big favor if you learned more about it. Of course, many companies have tried "Get Big Fast" and failed. Amazon has already come a long long way, however, and if they continue to execute well they'll beat the odds. A primary factor that venture capital and Wall Street buy into is managment; Amazon has assembled a terrific management team. Terrific.

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