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

To: Glenn D. Rudolph who wrote (112368)	12/4/2000 12:45:38 AM
From: swimmygoof	Read Replies (2) \| Respond to of 164684

Amazon is no longer growing in any of its existing markets and product catagories. Why do you keep saying this? Show me where the existing categories have declined on a year over year basis. There may be something to the media bashing or is all the media totally "stupid?" Yes, history has shown that the media can be a bandwagon-jumping entity. Ironically, it's all the B-to-C bashing that has helped drive the internet commerce segment into the ground, and will allow Amazon to rise from the ashes to take all the spoils. The only risk I see is how effective Yahoo is with their shopping initiatives. They are the only ones that can potentially dethrone Amazon. You state as fact Amazon will grow revenue 50% a year for the next five years. This is not something written in stone nor are there any facts to back that statement up. Of course it's not a given. It's my opinion of their probable growth if they continue to execute. They have failed miserably at the VC game...that hurts for sure. But the core business of retailing is one they can easily grow at a 50% clip simply by taking market share from incompetent companies. It's not about books anymore. It's about taking over the entire mail order industry and then some. Yes, Amazon is a retailer. A new-age retailer. A best-of-breed retailer. It's the global customer-centric retailing powerhouse of the next decade. They will grow into a $100 billion valuation by taking home $50 billion in sales in 2007. It should be a $20 billion+ company today. If they top $1.2 billion in sales this quarter, will you change your view?