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

AMZN 233.22

+1.8%

Nov 28 9:30 AM EST

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To: llamaphlegm who wrote (36635)	1/26/1999 11:10:00 AM
From: Randy Ellingson	Read Replies (1) of 164684

lp- get with it folks, to the extent that this co's future is hitched to books, music, videos and the soon-to-be announced software store, it's dead -- margin slashing competition This potentially works in Amazon's favor from a competitive standpoint (of course if all e-commerce yields a maximum of 0.5% net, then they're all hosed), if they are the ones best able to spend the money to build the largest customer base/revenues and most efficient fulfillment operation [OK, that's big question :-) ]. Maybe try this argument in another year, when it's a bit more clear whether or not the lowest prices are central to growing revenues. My guess is that it's not, and you'll be looking back at another year of impressive sales growth from Amazon.com. Randy

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