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

To: Don Westermeyer who wrote (1446)	2/5/1998 9:48:00 AM
From: Candle stick	Respond to of 164684

>>>Candlestick speculated that books could be obsolete in 5-10 years. So far the computer has not replaced newspapers and books because the latter are so cheap, portable and markable with highlighters. Sorry Candle, but I don't see this happening either (and wouldn't want it anyway!).<<< You all seem to miss my point....I don't really believe that books will become obsolete. BUT everyone is pricing in the FUTURE of AMZN 5 years down the line, and my point was, who knows what will happen 5 years from now given the way technology is advancing? Remember Wang Labs?....they were IT in the early 80's.....word processing needs? Had to go to Wang Labs...a virtual monopoly. Then came the PC just a few short years later and where is WANG now? Bankrupt. Nobody saw it coming. I submit that noone will see the end of AMZN coming either, so why pay for 'pie in the sky' 5 year future estimates when for all you know the company is gone in 2 years? Think about it.............;^)