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

To: H James Morris who wrote (127607)	7/2/2001 12:21:09 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 164684

hjm, i would argue that bezos did what the market wanted him to do... sell at a loss to gain share. the net was never good for most businesses - free flow of information amongst customers is terrible for business when consumer ignorance is at least 50% of the net profit. take away ignorance and profits shrink dramatically. throw in access to unlimited capital and everyone sells at a loss. amzn was nothing more than a glorified mail order company w/ a web page in a TOUGH environment. bezos made his tens or hundreds of millions. why should he make a profit? why should he care? if they want cake, let them eat cake!

To: H James Morris who wrote (127607)	7/3/2001 1:33:21 AM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

Like a lot of business's pioneering... they probably made a lot of mistakes along the way. Mistakes they wouldn't make again today There is always an early time to learn from mistakes. To continue as a retailer without bringing in people with retail expertise shows ignorance in my opinion. I've had that same experience in business myself So have I but I never blew $2 billion to figure it out. Mistakes are OK if you learn from them...having staying power helps a lot too The staying power came from the raising of a lot of capital fromt he equity markets. Far more than any other firm in the same business. The capital continues to erode. Will the equity markets give them more?