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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: Sam Citron who wrote (59370)	5/31/1999 2:07:00 PM
From: Sarmad Y. Hermiz	Read Replies (2) of 164684

Sam, >> that I am afraid the article may have a devastating and corrosive effect on Amazon's market value unless someone takes the lead and refutes each issue point by point. << 1- All these points in Barrons are well known. 2- they cannot be refuted. They are facts. 3- the point not mentioned in Barrons, and the foundation of the longs' faith is that by its lowball tactics, Amazon will drive all other retailers out of business because they cannot afford the losses like it can. At that time, there will be only one retailer remaining in the world, and that will be Amazon. It will be able to set reasonable prices, which cannot be matched since no one in the world will have the efficient distribution facilities needed. It is now time for the faithful to stand up and be counted, as Lise Byer stated. Some would rather sit while roasting pork chops. If you don't know what I mean, just ask HJ Morris.

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