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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Dryer who wrote (68754)7/22/1999 1:53:00 AM
From: Bill Harmond  Read Replies (1) | Respond to of 164684
 
>>Amazon's probably in a good position because they are losing lots of money.

Right. Except they're spending lots of money. Did you hear Jeff's part about external marketing expense leveling off and more to be spent for interface development? That tells me he feels he has plenty of lift.

Competition is everywhere. Bezos has picked his categories, and he has dominated them quickly in spite of competition from the best brands in each category. If the best are losing to him permanently, why all the concern going forward, especially now since repeat business is up to 70%, and customers are shopping across categories?