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

To: Bald Man from Mars who wrote (1781)	2/27/1998 4:33:00 PM
From: Keith J	Read Replies (1) \| Respond to of 164684

I would say for common books, you can probably find as good or a better deal with a bookstore. Sure, I think AMZN is overvalued. But they are also going to make a play at music. This could be another huge market. And the music online resellers are valued higher (on price to sales basis) than AMZN. They may make better shorts, but it's really tough to short this sector right now, valuations be damned. KJ

To: Bald Man from Mars who wrote (1781)	2/27/1998 4:38:00 PM
From: William T. Katz	Read Replies (2) \| Respond to of 164684

Amazon prices for technical books seem routinely super-high compared to Barnes & Noble. I have been using 2 book search engines: bestbookbuys.com acses.com The first seems a little better but I haven't really given the 2nd a workout yet. In radiological physics/engineering, B&N offers fairly astounding discounts to Amazon ... I've posted this before since I was pretty shocked to find a $30 book at one selling for $50+ at AMZN. But among many of the other negatives of AMZN including the competition, I find the wildly enthusiastic pro-internet crowd assuming very large % of books to be bought online and also that AMZN will be majority seller. I find both those assumptions to be likely false. I'm feeling a little pain from the squeeze but I'm in for the long haul. I'm still seeing silly arguments elsewhere saying "But don't you shorts realize the internet book sales are growing incredibly fast." There seems to be no grasp of how far ahead of current sales AMZN stock has moved. One misstep and this house of cards falls. People have asked what shorts think will bring this stock down. I feel it can be: 1) Price wars ... just look at the disk drive sector for what can occur in terms of valuation. 2) Bigger competitors with real retail stores providing needed mindshare and publicity for their online component. 3) Broader market correction. 4) Realization there is a cap to how many books the average consumer will buy on-line without being able to browse through it in the real world. And special order books will be obtained through search engines given the huge variation in costs. If AMZN takes themselves out of those search engines, they will never get my business for those special order books .. that is for sure. -Bill

To: Bald Man from Mars who wrote (1781)	2/27/1998 4:44:00 PM
From: saber hormi	Read Replies (1) \| Respond to of 164684

Is this a race between AMZN and YHOO. Let's see which one is going to outperform the other. I just want to say this, (I was saying the same thing on YHOO thread a while ago. No I'm not short that one as well). TO ALL SHORTS OUT THERE. STOP SHORTING. DO NOT AVERAGE UP (YOU'RE ADDING FUEL TO THE FIRE). GIVE WALL STREET A REASON TO FORGET ABOUT THIS STOCK AND THE HYPE. Only then it can go down. We shorts, are killing ourselves by supporting other shorts and encouraging other shorts to joing the club (at least that's the impression I'm getting). I hope that you agree with me. Let's recapitulate. TO NEW ENTICIPATING SHORTS, STAY AWAY AND TO PRESENT AND OLD SHORTS , DON'T ADD TO YOUR POSITION (I know it's tempting to short more but you should use your heads not you're emotions)