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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 245.98-1.3%1:07 PM EST

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To: ChinuSFO who wrote (33835)1/9/1999 5:35:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 
Management has demonstrated their
long term business growth goal by opening up a new center in Nevada to keep pace with
the very highly likely demand in e-tailing. These to me are similar to fundamentals.


Chinmoy,

You must have forgotten the original business model. No huge wharehouses and associated expenses would be needed. Something must have amuck.

In
the early days of semiconductors, people were afraid to use computers, the
semiconductor industry was not readily welcome. But the likes of Intel with the foresight
went and built the infrastructure (manufacturing, R&D etc.) and today they are the
leaders. And the same is the story with MSFT.


This is a great comparison. Each of the companys you mentioned had profits from square one.

When people start
to buy clothes, shoes etc. the who knows, AMZN may jump in. But the important thing is
they have built their E-STORES.


You believe apparel will be a large etailing item??

Glenn
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