I do not understand that stock so I stay away. AMZN is beyond my brain power to understand. COme on now, books, music, there is no way AMZN will become like WalMart, what are they going to do, ship paint cans, vacumn cleaners, shovels, food, cooking stuff, cheap clothes, forget it. Sure they could go upscale, or even midscale, but the established retailers are becoming webized very fast. The term internet company will mean less and less going forward, since all companies will have a net site of some form or other.
Greg |
