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

AMZN 232.52

+0.1%

Dec 26 9:30 AM EST

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To: Glenn D. Rudolph who wrote (29743)	12/13/1998 1:17:00 AM
From: getgo234	Read Replies (4) of 164684

Glenn and others: Interesting article in Sunday online edition of NYT titled The Glass is half empty. Within the article Ed Hyman notes the correlation between the CRB and operating earnings for the S + P 500. With the CRB down 17.5% in 1998 Ed expects corp earnings to be weak in 1999. New thought, within the same article a comment is made regarding the inability of companies to pass on price increases. IMO it seems that consumers in general have learned to take advantage of buying sales and not paying full price. Yet many of the posters on this thread continue to reiterate that convenience and not pricing is what will make AMZN a long term success. I would surmise that a small percentage of the population, upper middle class and above will always be content to go directly go AMZN and pay a premium if necessary to do so. However, the vast majority of people like myself will look for the best pricing be it online or at the local bookstore. Comments please. ps I stopped in Borders tonight and it was very busy. Apparently not everyone is purchasing their books on the internet.

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