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

AMZN 219.12

+0.9%

11:55 AM EST

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To: KeepItSimple who wrote (31101)	12/24/1998 5:56:00 PM
From: Jack T. Pearson	Read Replies (2) of 164684

It is interesting that the most successful Internet companies are those that were born into the Internet. The the internal inertia and resistance in established non-Internet companies should not be underestimated. And the innovation and quickness of pioneers should not be underestimated. We've seen this happen before: IBM failed at getting into the PC operating system business; Compaq has failed at getting into direct sales; AOL stops Compuserve; Cisco and 3Com take the networking market away from IBM; Intel tries to enter the PC business and fails. Compare Amazon's cash flow with their competitor's over the last year or quarter. P.S.: When the bubble bursts, will the Internet disappear?

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