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

To: Victor Lazlo who wrote (89341)	1/1/2000 11:48:00 PM
From: i-node	Read Replies (2) \| Respond to of 164684

Moreover, the lack of progress for the stock in recent months, indeed the weekness of late, imho indicates that the daytraders and short-term traders who dominate the trading in this stock are getting bored with it and moving on. I hardly think AMZN's current market cap is an exclusive result of daytraders and short-termers. Have you noticed the analyst's coverage of AMZN lately? It's still pretty-well-thought-of. David, "very slim margins" are not what investors have priced into this hyper-inflated stock. Actually, very slim margins are perfectly acceptable when you're doing billions in sales. And this is precisely where AMZN is headed. I think it is reasonable to expect sales during 2000 to be in the $4-6 billion range. Pretty good for a company that's in its fifth year of existence. Look, this company has smartly positioned itself as the leader in a new field. While there is a lot of talk about WalMart's new site, HAVE YOU SEEN IT? It's Amateur Hour! It will take the Walmart Bureaucracy a full year to figure out why their site isn't working. In the meantime, AMZN continues to win all the awards. So, they lose a little money along the way. BFD. I do think you're right about one thing -- investors DO expect AMZN to be the 800 lb gorilla. And I think it is very clear at this time that they are well on their way. Certainly, there isn't another internet retailer that can touch them. Of course, from basic economics we know that a retailer never has the power to raise prices unilaterally. Do you question whether AMZN has the best existing infrastructure for internet retailing? Because it appears totally obvious to me they do. To deem them a loser is to say internet retailing can't work. And I don't believe that....