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

AMZN 226.19

-1.8%

Dec 12 9:30 AM EST

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To: Rob S. who wrote (25660)	11/11/1998 1:05:00 PM
From: OtherChap	Read Replies (2) of 164684

This is so predictable. Someone on CNBC mentioned that OnSale (ONSL) is in the same biz as Ebay, and the stock is taking off on a tear. This is a mania, and I think even william is beggining to realize this. E-tailers are nothing more than catalog-sales companies with a webpage instead of print. Sure, they save the printing costs of catalogs, but they spend it on incredibly expensive net connections. Would LL Bean be worth 6 billion? I dont think so.. How about would LL Bean be worth 6 billion if they didnt have to pay to print their catalogs? (a more fair comparison) Nope, still not. Sooner or later the suckers will realize this.

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