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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.08-0.2%Dec 29 3:59 PM EST
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To: Cosmo Daisey who wrote (33831)1/9/1999 1:32:00 PM
From: reg  Read Replies (1) of 164684
 
For 100 shares of AMZN to make her a millionaire in 5-6 years would require AMZN to be at 50X it's current market cap. That would put it over 1 trillion dollars or twice the GDP of Canada. A little silly don't you think? Wait until all those Barnes and Noble customers start using BarnesandNoble.com quite regularly. AMZN will start to slow down as more and more competition in their arena arrives. Same thing happened to GM, Sears, etc. They are not like an MSFT with a virtual monopoly or an Intel whose competitors have huge capital expenditures. Neither are their margins anywhere near as high. They never will be.
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