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

AMZN 225.46

+2.2%

11:22 AM EST

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To: Lizzie Tudor who wrote (57424)	5/20/1999 8:30:00 AM
From: Glenn D. Rudolph	Read Replies (2) of 164684

There was a gentleman on this thread that stated about a month ago that the "war chest" of Amazon was inadequate. This post was written by a person with the initials GR and someone that has had a lot of retail experience. The analysts and some columns that were written indicated that Amazon could continue these losses indefinity. I disagreed with that statement and predicted at best 1 to 1.5 years. I just hope Amazon's failure does not cause a drop in YHOO and AOL. On that note, the end is getting nearer for Amazon. They own nothing. The distribution centers are all leased although William states Amazon has only $30 million invested in capital expenditures. I disagree here by a large order of magnitude. This is my opinion. It has been this way for more than a year and Amazon is still on track to go bankrupt. Glenn

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