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

To: Glenn D. Rudolph who wrote (128699)	7/21/2001 9:53:21 AM
From: H James Morris	Read Replies (2) \| Respond to of 164684

>A guess without any research is the strong housing market. Yes, plus a shift to consumer spending oriented stocks. Any meltdown of Amazon would represent an epic failure.And it might kill the notion that a pure Internet retailer can surive and thrive, and dimish further the once wondrous prospects for e-commerce. latimes.com

To: Glenn D. Rudolph who wrote (128699)	7/21/2001 12:31:50 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

>When asked what a good investment for the future was, Buffett said, "Herb told me to say jewelry," referring to Herb Bridge, co-chairman of Ben Bridge Jewelers, which Buffett owns. Glenn, have you ever met Herb Bridge? Did you know Buffett was in the jewelry business? seattletimes.nwsource.com

To: Glenn D. Rudolph who wrote (128699)	7/21/2001 1:03:33 PM
From: Sarmad Y. Hermiz	Read Replies (2) \| Respond to of 164684

>> I understand the JCP move. The S move is a mystery in the sense I have not followed them closely. Glenn, the explanation lies no farther than your beloved Amazon. The traditional retailers were downgraded by every moron analyst when the B2C idiocy started 3 years ago. Since Amazon was getting into the appliance business, the idiot analysts assumed that Sears would die because everyone would buy their refrigerators and dishwashers on line. Sears was faulted for refusing to grow revenues at the expense of profits. And the downgrades cited exactly that reason. Now that the failure of online retailing (of appliances and garden tractors) is obvious, the analysts are changing their tune.