Amazon.com, Inc. (AMZN) Message Board

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

AMZN 243.53

+0.2%

3:09 PM EST

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To: sea_biscuit who wrote (41263)	2/19/1999 9:27:00 PM
From: Lizzie Tudor	Read Replies (1) of 164684

Dipy my liberal friend, you will find that most here agree with you that amzn is a poor investment. I do not, I think amzn will emerge as a profitable company after shopping.com and everybody else is long gone. I don't think you have to be the absolute cheapest to be successful... you must be competitive on most fronts, which in the case of books would be say, 20-30% off most titles. Some people like you will shop around to save a few dollars, but unless those cheapies are able to operate profitably they will be out of business - I don't think they can make money selling everything at 40% off and still invest in infrastructure like amazon is doing. Nonetheless I like some other internet companies right now better than amazon so I dont have a position (except my broker has some). One thing that might be happening (that Im not sure how to value) is some people might be logging in to Amazon, reading up on the Amzn recommendations and then buying from shopping.com. I wouldn't call that a complete loss for Amazon especially with their new retail mall initiatives.... but I'm not sure about what it is worth - it is a hit.

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