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

To: Bill Harmond who wrote (94140)	2/20/2000 1:28:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

When has the grinder ever kept up with venture capitalists? Never, unless he reinvented himself. How does he reinvent himself?

To: Bill Harmond who wrote (94140)	2/20/2000 1:32:00 PM
From: re3	Read Replies (3) \| Respond to of 164684

<<<<<The record success of the American economy is driven by creative distruction. Whole industries and the societies they supported have come and gone. All for the better. Creative distruction has brought a smarter, healthier world. huh ? who's smarter and who's healthier ? the two income families run ragged ? the guy who's got to hold down two jobs to make ends meet ? the guy who gets laid off at 40 and can't find any other work ? the many millions of americans without health care and this is in a bull market. i can only imagine what will fly during a bear mkt. and tell me just how much your spiffy retailer amzn has contributed to the tax base if they haven't made a dime.

To: Bill Harmond who wrote (94140)	2/20/2000 1:35:00 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 164684

william, creative destruction can be good and it can be bad. if the destruction is caused by far superior processes then it is good. however, if it is caused by investor gambling that dislocates financial markets and resources then it is bad. the hard working jewelers may have a very viable and profitable business operations. however, ignorant investors may give the competition a billion bucks to sample (and the nets are sampling) a business plan that sounds cool. well, the newly funded sampling business plans wrap dollars around diamonds for a business model. this puts out the efficient business model out of business b/c they can't compete. neither can the "new" businesses, but they don't worry about that b/c they still have $500m in the bank. taking the high and mighty "with progress comes pain" stance is not appropriate here.