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

AMZN 220.66

+1.6%

Nov 21 9:30 AM EST

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To: Jack T. Pearson who wrote (31102)	12/25/1998 11:02:00 AM
From: tonyt	Read Replies (2) of 164684

Interesting 'examples'. I find it somewhat incorrect that you state that 'IBM failed at getting into the PC operating system business' (ever heard of os/2?), or that 'Compaq has failed at getting into direct sales' (see compaq.com. IBM may have lost the OS 'war', but the battle is still on as far as on-line selling of PC's is concerned. Also you completely neglected the perfect example of what you were trying to say, and that is how Compaq took the #1 spot as seller of PC's from the established IBM. I guess this shows that being first does not guarantee success. (i.e. Visicalc, Wordperfect). Someone will eventually come along and eat Bezo's lunch. I don't know if it will be an established company (i.e. Microsoft), or a newcommer, but Amazon's position is not assured. >P.S.: When the bubble bursts, will the Internet disappear? Of course not, the internet (really aparnet) has been around since the 60's!!

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