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

To: GST who wrote (70843)	7/30/1999 1:47:00 PM
From: Steve Lee	Read Replies (4) \| Respond to of 164684

Why do AMZN & YHOO track so closely - even on a 5 minute chart? Surely people aren't dumb enough to think that both are in the same line of business? Although both are overpriced, Yahoo has a good chance of surviving and prospering in the long term. Amzn just loses more money the bigger it gets and as time goes by it faces increasing competition. Yahoo can slim down its overheads and capitalise on its user base by selling premium services such as its online stores. The best way I can see of AMZN adding value to itself is if it can consistently rent its customer list to someone that can make money. Problem here is that those that can make money, such as Dell & Gateway, prefer to launch their own online services as a way of building their prospect list and gaining loyalty. I can't see a scenario where Amazon will ever make money. If anyone can, let me know.