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

To: H James Morris who wrote (4870)	5/30/1998 12:41:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Wow, <Amazon.com, a Seattle seller of books online, popped $2.188 to $88.125. Jeff Vinik, a well-known investment manager, has been adding shares to his portfolio. > Well, well. I just copied this from MF. Now this is interesting. For those of you who don't know who Vinik is, he headed up the Fidelity Magellan Fund. He went out on his own a few years ago and took a lot of his customers with him. Interesting!!!

To: H James Morris who wrote (4870)	5/31/1998 10:35:00 AM
From: Glenn D. Rudolph	Respond to of 164684

Your thinking, who cares, until Wall Street stops, just wanting revenue increase and continues its love affair of e-commerce, just enjoy Amzn's stock appreciation. Isn't this kind of debate fun. God bless America. H, It is fun if you are not called ignorant. Mistaken maybe. Glenn

To: H James Morris who wrote (4870)	5/31/1998 1:23:00 PM
From: Glenn D. Rudolph	Respond to of 164684

Friday, May 29 Clinton Aide Says Unregulated Net Spurs Economic Growth he best thing the government can do for the Internet is keep its hands off, presidential adviser Ira Magaziner said Friday at the Harvard Conference on Internet and Society in Cambridge, Mass. "We're Democrats; we don't hate government," Magaziner quipped. "But the digital economy moves too fast and requires too much flexibility for government to be effective. The private sector must lead. When we do act, the actions should be simple and specific -- no omnibus legislation." Magaziner, senior adviser to President Clinton for policy development, said the administration views the Internet as a powerful economic growth engine and does not want to stifle that with regulations and taxes. He particularly cited business-to-business transactions that have improved productivity in purchasing, supply chain management, and logistics at electronic-commerce pioneers such as General Electric Co. and Federal Express Corp. "Although we can't yet document it in figures, the better-than-expected economy may be partially attributable to business-to-business Internet commerce," he said. "Overall, the Internet could potentially provide the best engine for economic growth in the next two decades." Magaziner said the government must not try to pass or enforce online privacy laws, and called on Web businesses to adopt their own industrywide code of consumer privacy guidelines. "Passing laws would create too much bureaucracy and it wouldn't work anyway," he said. "The Net is inherently decentralized; any attempt to centrally control it is impossible and we need to respect that."