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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 220.66+1.6%Nov 21 9:30 AM EST

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To: Rob S. who wrote (51023)4/17/1999 12:51:00 PM
From: H James Morris  Read Replies (2) of 164684
 
>>It will be a great big retailer spanning the Internet but there will be severe competition as well.<<
Rs, good post. I talked to Seattle this morning and I hear the weathers good up there.
You mentioned above "great big", the media has been calling the "Thing", the giant,monster or juggernaut for almost a year, in case you missed it.:-).
As far as the competition is concerned. I think that as we go forward most of them will go busto as they run out of $money.
Bezos won't. I know, you know that.
Do you remember last year when Glenn and I thought that Bezos would run out of $money?
Morgan Stanley sure proved us wrong. Don't you think??
Ps
BTW I own MS stock. I love a company that invests other peoples money, rather than their own and makes a huge $commission in the process, while their investors take all the risk.
Don't you??
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