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

To: Don Westermeyer who wrote (2074)	3/12/1998 2:13:00 AM
From: Satellite Mike	Respond to of 164684

It's always the same. Stocks without true value get dumped by insiders, top funds, folks with the 'vision' get murdered. Gotta admire the 151 people who turned this into a 2 Billion $ co. Of coarse, the most successful (long-term) book retail sites will be the ones that help the user find the best price, comparing all sites (and rightfully so). You'd have to be a complete fool not to see the impact that competition will have on this market. I'd be really pissed if a fund manager was buying this stock at this level for my parent's accounts. The exits will be hit exactly when the competition is felt here. The market has obviously interpreted AMZN as a monopoly. How else could its market CAP rival Borders and Barnes & Noble?