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

To: Bald Man from Mars who wrote (1800)	2/27/1998 7:28:00 PM
From: art hebert	Read Replies (1) \| Respond to of 164684

I won't argue that the stock is overvalued based on standard methods of determining value. But the values of Amazon.com compared to a book store are: 1) I don't have to go to the bookstore 2) I can search for a topic and find out many books instead of going to a bookstore and do manual searching 3) The company doesn't hold any books (no inventory) all they do is act as the middle man to broker the transaction. I am not positive about the inventory but I don't see why they would need/want to have inventory 4) They have from what I hear 30,000 other sites pushing their site 5) Limited overhead (no bookstores, lots of money will flow to the bottom line once they get past the break-even point. Then the stock will rise like there is no tommorrow. Its worth waiting for. By the way, I work for a software company and everyday I see boxes being delivered for people here who are buying from amazon.com. art hebert