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


To: Glenn D. Rudolph who wrote (108741)9/22/2000 12:03:26 AM
From: Bill Harmond  Read Replies (2) | Respond to of 164684
 
>>It is not pure english but a version of what he is trying to say

Jeez, Glenn. I expect more from you!



To: Glenn D. Rudolph who wrote (108741)9/22/2000 12:03:49 AM
From: 10K a day  Respond to of 164684
 
The Trend is Your Bend.



To: Glenn D. Rudolph who wrote (108741)9/22/2000 10:09:38 AM
From: Eric Wells  Read Replies (1) | Respond to of 164684
 
Europe is better and Amazon will be very succesful with another billion or two

From Reuters:
"Bezos said he sees a bright future for Amazon in Europe, even better than in its home market."

Glenn - this is got to be the first instance where a US retailer has higher expectations from Europe than from the US. Doesn't Europe have:

1. Generally higher gas prices.

2. All sorts of complicated laws in different countries that govern retail.

3. Higher taxes.

4. Generally lower per capita incomes than the US.

5. Fewer internet users - and a tendency to adopt technology at a slower pace than the US.

6. Lower credit card usage and penetration (I'm speculating here - but I believe it's true).

7. A tendency to adhere to tradition - such as buying books at a store rather than on-line.

8. A subtle dislike for American companies (ask the French what they think of McDonald's).

(by the way, apologies to any Europeans on the thread that might consider any of the above statements as being unwarranted - but I'm just stating the facts to the best of my knowledge)

And yet, despite all this, the prospects for Amazon are better in Europe than here in the US because - because of shorter delivery distances? This is comical. And it's frightening that analysts didn't call him on this statement.

-Eric