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

AMZN 229.10

-1.4%

Dec 4 3:59 PM EST

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To: Randy Ellingson who wrote (24857)	11/7/1998 12:48:00 AM
From: Philip Logos	Read Replies (1) of 164684

Amazon does* do a good job with their site, and whether or not I can convince anyone else, I think their internet-only strategy makes them a more obvious and trusted choice for many netfolks.* Randy, there are many companies who do a good job with their site, whether it be on the internet or on land. Quantitative reasoning is what's lacking in many arguments about Amazon.com. I think Barnes and Noble threw AMZN for a loop with their statement about Amazon's capitalization surpassing the combined BKS, BGP, and independent booksellers' capitalizations, both public and private. Isn't it time to quit praising Amazon.com for its adequacy (least of what might be expected) and instead focus on what's pertinent to most people here? i.e., shouldn't the investor realize stock momentum may come to an end, when such a routine thing as a business buyout by a company's competitor, a fraction of the capitalization of a company's stock, could have such a definitive effect on such company's future pricing power? Think about it. Phil

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