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

To: Glenn D. Rudolph who wrote (123859)	4/19/2001 8:27:26 PM
From: H James Morris	Read Replies (1) \| Respond to of 164685

Glenn, I might be interested but like to keep my real estate investments to the West Coast. >April 19, 2001 San Diego has claimed fifth place in a new ranking of how well U.S. metropolitan areas are adapting to the New Economy and positioning themselves to thrive in high-tech industries of the future. The study, to be released today by the Washington-based Progressive Policy Institute, a Democratic think tank, ranked San Diego high in such indicators as formation of new companies, availability of venture capital and success in patenting new technologies. In particular, San Diego scored well for its adoption of a "digital economy," as measured by such things as the percentage of adults with Internet access and the availability of broadband Internet access. Only San Francisco and Austin, Texas, scored better in that area. While San Diego is already known as one of the nation's centers for biotechnology and telecommunications companies, the fifth-place ranking as a technology center was unusually strong. A recent study by Nasdaq and the American Electronics Association, for example, found that San Diego ranked 21st in high-tech employment and 28th in high-tech job growth. But the authors of the Progressive Policy Institute report said their study was different in that it tried to quantify factors such as work-force education and availability of startup funding that create an attractive environment for dynamic companies. By those measures, the authors said, San Diego stands out. "You're one of the metropolitan areas that all the rest of us are chasing after," said Paul Gottlieb, a Case Western Reserve University researcher and one of the study's authors. Only San Francisco, Austin, Seattle and Raleigh-Durham, N.C., placed higher than San Diego in the ranking. San Francisco finished far ahead of second-place Austin. Also encouraging for San Diego's economic growth is the authors' finding that quality-of-life issues are increasingly important to economic success. They pointed out that regions increasingly compete based on how appealing or unappealing they are to the so-called knowledge workers who are essential for success in technology-driven industries. Those things are harder to measure, but the report says they are becoming more important than traditional determinants of economic success, such as access to natural resources, the presence of a low-cost labor force or the availability of tax breaks to lure companies. "The discriminating factor determining success is increasingly whether professionals want to live in a place, suggesting that natural resources such as a good climate and outdoor recreation will become more important than the natural resources that built the Industrial Revolution," the report says. But the study also offers words of caution to successful regions, many of which are facing new problems as a result of economic success. They include traffic congestion, soaring housing costs and schools' inability to turn out sufficient numbers of the highly skilled workers that technology companies need. One of the report's recommendations was to combat that trend by shifting economic development efforts to focus on the attraction and development of high-wage jobs to increase a region's standard of living. Traditionally, many economic development agencies focused on attracting any industries they could get, regardless of how well the jobs paid. "If you're a reasonably healthy region that's already facing some problems of growth, that doesn't make any sense," said another author of the study, Robert Atkinson of the Progressive Policy Institute.

To: Glenn D. Rudolph who wrote (123859)	4/19/2001 8:57:35 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 164685

gdr, find a buyer for the property and make a commish. :-)

To: Glenn D. Rudolph who wrote (123859)	4/20/2001 12:24:26 AM
From: Alomex	Read Replies (2) \| Respond to of 164685

I am not varying from my prediction of death either in Q4 2001 or the latest Q1 2001. That will not hold true if Amazon can rasie cash from the equity markets which I believe they are really trying to do. I don't quite see it with the same certainty as you do, Glenn. I definitely agree that Amazon is in dire straights, and that it will at best, come very close to bankruptcy, but I still think their chance of pulling through are good. Most likely because they will get money, but even if they don't they can effect tremendous savings (and have been doing so for a while)....