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

To: Walter High who wrote (4241)	5/12/1998 5:42:00 PM
From: H James Morris	Respond to of 164684

Walter, your right! On behalf of all the bears here including myself, I apologize. We need devils advocates here or I'll go nuts, trying to figure out, my own strategy. I just got home and saw Amzn up 4 1/2 @ the close. Now, I'm scratching my head, asking myself, who in the hell is paying AMAZON COM INC(AMZN) Bid: 91 1/8 BidSize: 10 Open: 87 3/4 Ask: 91 3/8 AskSize: 20 Close: 86 7/8 Last: 91 3/8 High: 91 15/16 Div.: 0.00 Change: +4 1/2 Low: 86 5/8 Yield: 0.00 A.High: 100 P/E: 0.00 Volume: 995600 A.Low: 15 3/4 EPS: 1.43 for what I perceive, will eventually be the Titanic?? These buyers can't be idiots, can they?? Who are the buyers??

To: Walter High who wrote (4241)	5/12/1998 7:24:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

Investor Consultant, Jim Jubak Jubak chats about the future of US and global telecommunications stocks.

To: Walter High who wrote (4241)	5/12/1998 9:50:00 PM
From: Oeconomicus	Read Replies (3) \| Respond to of 164684

Walter, no ridicule intended. I know you were talking about a supermarket. My point was that there is no reason to expect AMZN to have an advantage over larger, stronger competitors in any of the non-price characteristics where an online merchant might differentiate itself. Convenience/ease of use? First does not automatically translate to best and the comments so far about Borders.com seem to indicate they may have learn something from the earlier sites. Selection? Not. Service, i.e. prompt delivery of more titles? I think having inventory gives the others the edge here too. My slightly sarcastic response was simply because I figured you knew all this so it needn't be said. Sorry. Bob