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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.55+0.2%3:59 PM EST

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To: Robert Leverton who wrote (32705)1/5/1999 6:29:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 

If the value of the e-commerce companies are for real, why are there no acquisitions and
consolidations occurring within the e-commerce community. Could it be they realize the
unrealistic prices and refuse to pay them?


Robert,

I hope you are not trying to convince me. I am as bearish on this sector as one can be.

Amazon would not benefit from a move like this when their plan for growth includes
expanding into items other than books and CDs.


Are you sure AMZN ever intends to be profitable? Do believe that is the goal?

Glenn
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