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

AMZN 233.23

+1.8%

Nov 28 12:59 PM EST

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To: Bill Harmond who wrote (31616)	12/29/1998 7:44:00 PM
From: llamaphlegm	Read Replies (2) of 164684

William: you're keeping me busy. for analytical purposes, kindly define the following terms that you use. <<<Forget "zero barriers to entry"! It's not a viable argument. An established franchise is a formidable barrier to entry. Otherwise you could claim the cola, or cereal, or million other goods and services have zero barriers, too.>>> "established" -- tenure of establishment, is it impervious to erosion? "franchise" -- among whom, does it preclude switching for price? "formidable" -- Coke is unique, Rice Krispies is unique, Frosted Flakes -- amzn doe not have 3 cute guys on it's carton, it merely is a place where i can buy a book about the three cute guys ... who cares lp

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