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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 (51156)4/19/1999 10:04:00 AM
From: John Donahoe  Read Replies (1) of 164684
 
RE: I think Amazon will continue to expand their "brand franchise" to include many other product and service areas. But in 2-4 years when they scale back growth to reduce costs, the bottom line will be thin margins that will be hard pressed to support the stock at near the level investors are willing to reward the company with now.

But if they are successful in establishing their "brand franchise" the margins will be relatively fat. Don't you agree?
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