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

To: Tom D who wrote (105350)	6/24/2000 11:38:00 AM
From: H James Morris	Read Replies (1) \| Respond to of 164684

>Not long. Not short. Just intrigued and a bit amused. Hi Tom, Its been a long time since you were here last. Your intrigued and a bit amused? I'm willing to bet you that you made more profit on Amazon than any other single stock you've ever invested in. Hey, you were long on Amzn before the first split, and didn't get out until after the last split. Dr Tom, your timing on Amazon.com was almost perfect.:-) Btw It doesn't appear you participated in the Bio-tech rush. Your the only physician I know who doesn't have a bio-tech in his/her portfolio. Why is that?

To: Tom D who wrote (105350)	6/24/2000 2:03:00 PM
From: Randy Ellingson	Respond to of 164684

BTW, I don't see why AMZN can't just raise all their prices 2%. I doubt they'd lose a measurable amount of customers. I'd guess they have a plan to gradually apply some screws to their faithful customers. Who, you're right, probably won't notice. Randy

To: Tom D who wrote (105350)	6/24/2000 4:19:00 PM
From: Sarmad Y. Hermiz	Respond to of 164684

>> I don't see why AMZN can't just raise all their prices 2%. I doubt they'd lose a measurable amount of customers. << Actually, there is a large problem with that. AMZN will have to raise prices much more than 2%. More like 20% to achieve a profit of pennies per share. And if they raise enough for normal profits, then their customers will definitely notice, and competitors will then afford to enter the business. The reason Amazon has high sales is that they drive away potential competitors by the prospect of huge losses.