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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: re3 who wrote (60730)	6/5/1999 3:21:00 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

I cannot recall a more brilliant business idea than amzn, but IMO it is one that cannot will not succeed...the idea that amzn is worth 20 odd billion, and the way the stock used to spike 20 bucks a day, is truly an insult to my intelligence...i cannot see how this puppy can ever make money...I don't know what goes on in Beezos' head, but it sure will be fascinating to see how this one plays out...I actually am cheering for bankruptcy here... I originally inquired about @home because it made sense to me that everyone and their uncle wants to surf the net, but most will not buy much of anything...therefore I purchased @ home. I figured, too if T was involved, I had sort of a seal of approval...Man, was i wrong (short term anyway) It is my opinion the market over rewarded ATHM when T seemed to have close to a monopoly. On the other side of the coin, the market now overreacted to the downside. The courts may eliminate the monopoly but T has a large state in ATHM and they will push it and be one of the first to offer cable access. When the dust settles and I believe this to be late summer, I believe you will be fine in here. Glenn We are cheering for the same thing:-)

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