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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.12-0.2%Nov 26 3:59 PM EST

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To: Rob S. who wrote (57296)5/18/1999 10:51:00 PM
From: Bill Harmond  Read Replies (3) of 164684
 
>>His summation was that there are no barriers to entry for Internet commerce. Unlike Intel or Microsoft who have copyrights and patents, Amazon has no way to protect others from copying their tactics or entering their business.

Why have Amazon's revenues been exactly 10x Barnesandnoble's every quarter since Barnes went online eight quarters ago? If there are no barriers to entry, where are B&N's share gains?

There are low barriers to entry in many businesses. That doesn't stop just one company from dominating.
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