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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.10+2.5%Nov 24 3:59 PM EST

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To: Robert Rose who wrote (57257)5/18/1999 6:42:00 PM
From: Glenn D. Rudolph  Read Replies (2) of 164684
 
<I am in a vaccum.>

Robert,

I had a little more I wanted to write regarding this post. My comment about being in a vacuum had to do with my geographical location and my lack of quick access to the net. That translates to lack of information during the trading hours today. No news on radio or TV, etc. It was not meant to have anything to do with AMZN.

I had only a brief time to respond to your post but I have more now. You made this comment which I find incredibly annoying. I was going to say ignorant but you are far from ignorant and I have no wish to insult you. I like the opinions of others.

But sometimes I still feel it's not
just that, that you really don't still somehow get it, after all the great input from William,
Mark, and so many others. Am willing to be corrected on this.


It appears that you are a believer in the future on Amazon the company. It appears you agree with William, Mark and many others. It also appears you believe that seeing the future of Amazon is a no brainer. They are bound to be successful. The reason I state this comment is annoying is the jury is still out on this story and likely will remain so for many years to come. Your focus on Amazon's success is no different than my focus on its failure. You believe you see how Amazon will turn a profit will will be an incredible success. The market perceives and treats Amazon as though they will be successful. I do recall from one of my logic classes in college (too many years ago) that the argument that many believe in a certain way makes that correct. There was a name for this false logic but I can't recall the names of any of those inaccurate logical arguments. None the less, everyone in the world may believe Amazon will be a success and everyone may be wrong. It is possible I am correct and all true believers are incorrect. The only way we will know is through the passage of time.

I stand by my belief that Amazon will fail. I base that on the fundamental data I have posted over the last year. I base it on my belief the business model is fatally faulty. It is my opinion that everyone that believes in a great future for Amazon will find they were incorrect.

I am not taking a stand on the movement of the stock. A lot of Amazon's stock movements are affected by day traders, mutual fund managers, analysts and a dream of the future both good and bad.

On that note, I respect your view and that of all longs. I intend to go long other internet plays in which I believe have a great future.

You just do not get it <VVBG> :-))

Glenn
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