Amazon.com, Inc. (AMZN) Message Board

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

AMZN 227.65

+0.4%

11:13 AM EST

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To: JBL who wrote (26657)	11/18/1998 9:03:00 AM
From: Glenn D. Rudolph	Read Replies (2) of 164684

Briefing remains blown away by market's love affair with AMZN... Stock just keeps climbing despite all logic... Rally on introduction of video and gift areas a mystery to us as neither unit moves company significantly closer to turning a profit in near future... Meanwhile if company expects to dominate e-commerce landscape in these areas it will have to take on significant increase in already sky high marketing costs... Departure from simple plan of being best bookseller on the net to being the Internet's answer to K-Mart - without the profits - doesn't excite us... But we are obviously in the minority... Whereas we have no interest in playing this stock at current levels we also aren't dumb enough to bet against it given unbelievable momentum.

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