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

To: manalagi who wrote (119537)	3/6/2001 10:35:47 PM
From: Victor Lazlo	Read Replies (2) \| Respond to of 164684

They may sell below overall cost but many co's do this to gain advantage. It's not illegal in most cases. And then there's the other approach- there's a big furniture chain in my area that advertises its "underprices" on all their lines. Well some of their products are sold under exclusive geography agreements, so if somebody wants to buy the xyz hutch from someone else they may have to go to N. Carolina to find it and then pay for trucking to get it delivered. So the "underprice" may well be the only price there is in the whole region! So amzn is not the only one in this game.

To: manalagi who wrote (119537)	3/7/2001 1:09:12 PM
From: Olu Emuleomo	Read Replies (4) \| Respond to of 164684

>>>This is Glenn's comment and I agree: There already have been a variety of stories about how Amaozn has done great damage to the economy. These stories are accurate. Amazon wasted money to sell produts at a loss which was a total waste of resources. In the process, they put smaller book stores and other related busineses out of business. This was a loss of job not only for the store owners but their employees too. The amount of total economic damage Amazon has caused is extremely large <<< I completely disagree! This sounds like whining about stock losses. I for one think that Amazon provides an incredible service. Why should they be bothered if mom and pop bookstores go out of business? Was DELL/AAPL/IBM bothered when WANG and typewriter businesses went out of business? Why be a luddite? Ever heard of creative destruction? --Olu E. btw: nobody forces anyone to buy stock in any company. If you buy stock, you need to do your due diligence and dont go blaming the CEO for your losses unless he/she somehow commits fraud. In that case, the SEC will catch up to him/her in the long run (hopefully)