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

To: Tom D who wrote (5916)	6/13/1998 11:48:00 AM
From: H James Morris	Read Replies (4) \| Respond to of 164684

TomD, you wrote Tom, great post. I must admit, since the last few days I've had to readjust my investment thinking about Amazon.com. I think the biggest mistake myself, and the rest of us Amzn bears, have made is our attitude that Wall Street will demand profits much quicker than we thought. Like AOL, it appears that the street is bidding Amzn up to what it might look like in 10 years out and, what it might look then would be one hell of a discussion. I appreciate your comments here and frankly I wish you had been more active here, but it appears you have been turned off by the rebuttals of our aggessive bears. I might have been one of them. I'd apologise, but, passion is passion. I guess I must also rethink my negative attitude about Internet Commerce. I've been very cynical about IE's ability to ever become a profitable entity, but you might be right. If a IE company could get its hands on enough cash, hang in there long enough, and take several years of cash losses, it might end up the only player (I believe Amzn would also have to make some aggressive acquisitions along the way) and then could be more influential in pricing. Tom, I noticed in your profile, you're an MD, also you say your investment style is aggressive. Good Luck. No disrespect, please don't operate on me. I would prefer a more conservative surgeon.. Good Luck to you.

To: Tom D who wrote (5916)	6/13/1998 3:18:00 PM
From: Glenn D. Rudolph	Respond to of 164684

The only insider at AMZN who has done serious selling is their CFO. It is her extensive business education and high IQ which are hampering her ability to let go and abandon the message which fundamental analysis gives her about AMZN's valuation. This is very far from true. Four people have sold $5 million or more that are insiders. Glenn

To: Tom D who wrote (5916)	6/13/1998 7:20:00 PM
From: Skeeter Bug	Read Replies (3) \| Respond to of 164684

tom, i'll look into the kleiner perkins deal. however, nonchalantly saying that a company s/b worth $12 billion dollars selling mail order books and cds over the net with lots of losses should lead to some sarcasm ;-) especially in the face of an over all market flat to down market as earnings growth is slowing drastically and the 3q recovery is built into stock prices when it won't happen. oh, and of course, educated people "just don't understand." ;-) don't take it personal. we disagree. you see rosy scenario. it may happen. amzn may take over the world. hey, anything is possible. however, i believe it isn't probable. in fact, very unlikely. amzn has a big war chest, for sure. however, it is all debt. if they can't pay it back the shareholders don't own this company anymore. new stock value = $0. of course, this risk is priced in at $12 billion, right? it will be fun to see who wins this game. reality hits fast and hard. however, it can take long periods of time to settle in, which is why i NEVER short stocks. i want to know what i'm risking going in. good luck in your long position. :-) ps - let me give you a hint who the net winners are going to be. fed ex, ups and the other shipping companies. surprised? think about it...

To: Tom D who wrote (5916)	6/13/1998 8:04:00 PM
From: jawd	Read Replies (3) \| Respond to of 164684

I dont see any problem with the CFO cashing her chips and buying mutual funds or treasuries; thats exactly what I would do. Only a fool leaves all his eggs in one basket. Amazon is the standard by which all other internet store fronts are judged. They are leading the way. I don't understand the general bitterness. They are running a pioneering company as best they can. They have a huge customer base with much repeat business. They treat their customers excellently and the web site is really easy to use. Now, they are offering CD's as well. They will take all CD Now's business. They have other expansion ideas as well. They are grabbing huge market share and brand recognition. Why the bitterness? Simply sour grapes from those shorts who in their own words "will never accept defeat". That attitude will result in financial ruin. It makes no sense to fight against the market. You can only profit if you want what the market wants. i.e. go with the flow. Amazon is here to stay. Just look at the ads on TV. Look again at the progressive web site. Order a book. See the customer service. Ask DHL how many Amazon orders they are shipping worldwide. I'm a day trader, but if I wanted a long term investment I'd go with Amazon and Yahoo. They are the Microsoft's of the future. Shorting Amazon for more than a few minutes is madness.