Amazon.com, Inc. (AMZN) Message Board

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

AMZN 228.95

-1.2%

11:27 AM EST

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To: Jing Qian who wrote (51141)	4/18/1999 12:46:00 PM
From: Ron Kline	of 164684

The "New Economy" was started by AOL. Remember all those losses for so long while the stock continued to go up. People see that it indeed did work and look at AOL today. It paid off for them to take the approach they did. And now when we all see those profits we can see that the stock is much much higher than at that time. And of course there was all those shorts during the whole period saying it can't go any higher. Sure seems similar with AMZN... The "New Economy" has been caused because of the rapid changes that are taking place, and companies realize that having losses in the short term is how they will survive and stay on top. Walmart's started their business many years ago when the environment of business was different. They capitalized on the concept of the "super store" in remote locations with low costs, a great concept of that time period. Bottom line is the economy and stock market will always change, and if you think only "Old School" instead of "New School", you will not invest in stocks that will be biggest winners looking back 10 years from now.

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