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Strategies & Market Trends : Value Investing

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To: Michael Burry who wrote (6893)	4/23/1999 11:43:00 AM
From: Dan Meleney	Read Replies (2) of 78485

Mike, one last thought (for now) on Borders & Amazon >>If I thought the way you did, I'd be buying Amazon, shorting Borders While I believe that internet commerce will far surpass where most writers on this thread expect, I don't think this will translate into more market cap for companies like Amazon. Amazon will not have a monopoly. CONSUMERS are the ones who will benefit. Still, this will take a toll on the Borders of the world even when the price of Amazon collapses. Dan

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