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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.37+0.2%3:59 PM EST

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To: Bill Harmond who wrote (31616)12/29/1998 4:33:00 PM
From: KeepItSimple  Read Replies (1) of 164684
 
> Forget "zero barriers to entry"! It's not a viable argument.

Sounds like Mary Meekers fundamental flaw in her analysis of why her golden picks will succeed- nobody will ever compete with them.

>An established franchise is a formidable barrier to entry.

Sort of like Barnes and Noble's control of the book market?

Is it or isnt it? Can't you people make up your minds? When Amazon decides it is going to move into different retailing markets, "there is no barrier to entry." (ie amazon can just go into whatever market it wants and control it)

But when one of Meeker's companies is in a competitive fight with an established company, the mantra is "barriers to entry are too high"

You can't have it both ways!
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