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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.35+0.3%Dec 19 9:30 AM EST

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To: Olu Emuleomo who wrote (60206)6/3/1999 1:08:00 PM
From: Sarmad Y. Hermiz  Read Replies (2) of 164684
 
Olu,

>> And what about the proprietary software they have developed? Another barrier to entry!
Believe me; it's not that easy to replicate what they have. Trust me on that! :-))
<<

As a fellow programmer I have great appreciation for the effort it takes to write production quality software. But still it does not cost $billions.
No one is denigrating Amazon and the achievement of their management. Just that J.B. does not deserve $10 billion for 4 years work. And the shorts did not deserve being destroyed by the suicidal longs who bought into the short squeezes engineered by the brokers, funds and amazon's management and their friendly analysts.
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