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

AMZN 229.12

-0.2%

Nov 26 3:59 PM EST

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To: KeepItSimple who wrote (33004)	1/6/1999 2:03:00 PM
From: Bill Harmond	Read Replies (4) of 164684

>>you aren't long Amazon. Why? I probably should be. Amazon has me baffled some. I understand the scalability, etc, but when I bought back I focused on companies that are just as scalable with 90% gross margins. On a relative-strength basis, Yahoo and Amazon have traded around each other and over time have performed almost identically. I figured that the Christmas excitement had taken Amazon ahead, and felt more comfortable with Yahoo. Amazon has been about to break away from that pattern, though.

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