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

To: greenspirit who wrote (3412)	4/25/1998 12:29:00 PM
From: Jan Crawley	Respond to of 164684

Enjoyed your article/story; but the big questions in my mind remains: For a company(stock) deserving AMZN's current price value; one of more following criteria should be met: 1. Market monopoly (Microsoft, Intel, some drug stocks...) 2. In a strong niche area 3. Non-commodity products. 4. Barriers to new entries Amzn does not occupy any of the above seats; IMHO. Otherwise, Momentum investing only. That is dangerous !!

To: greenspirit who wrote (3412)	4/25/1998 12:58:00 PM
From: Glenn D. Rudolph	Respond to of 164684

I expect the old books of the world will see a dramatic resurrection as the world realizes the ease of locating them once again. Michael, I do not agree with the above statement. It matters not. Borders and BKS will be doing the same thing if that comes to pass. The retail world is loaded with competition. Glenn

To: greenspirit who wrote (3412)	4/25/1998 1:11:00 PM
From: igor	Read Replies (1) \| Respond to of 164684

Perhaps when your friend gets more experience he will discover that there are sites which will search for used books for you. Within seconds (not three weeks) you will find out where to find the book. Furthermore you won't have to give Amazon their commission. I once asked Amazon to find an out of print copy of a David Dreman book. After six months they told me they couldn't find it but suggested an inferior alternative. I then went to the bibliofind site (I think that's what it is called). It instantly gave the name of three bookstores which had the book in stock and gave me links to all three. They also showed Amazon's suggested alternative but at a much lower price. igor igor

To: greenspirit who wrote (3412)	4/25/1998 11:14:00 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 164684

mike, i am extremely bearish on amzn at current valuations. i don't see amzn going out of business. i do see them making very little money. the hsn isn't asn exact parallel and you pointed out a difference or two that worked in amzn's favor. i'd like to point out some other differences. hsn doesn't have 28 competitors easily accessible on the web. hsn doesn't have easily accessible competitors that offer 5% discounts off of amzn's lowest price. as companies see the internet as pie in the sky they will flock to it. amzn was first. now their are 30+ next year will there be 60? 100? 200? amzn's competitive advantage is accessable to all. it can be copied. and it will. their advantage may be nice now. in a year it wont be noticeable (sp?). as amzn's price goes higher, so will the number of competitors. the best thing for amzn would be a small price as then the competition won't flock to amzn's niche. usually competitors enter a market based on profitability. not so. the cut throat competition is here and amzn is losing money. nice concept. nice execution. little or no profits going forward. lots of competition. insane stock price. btw, i might check out amzn to find those hard to locate books that are 1% of my purchases. not much profit in that...