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


To: F The who wrote (6872)6/20/1998 3:07:00 PM
From: slipnsip  Read Replies (5) | Respond to of 164684
 
Alot of the future of online book selling depends on gaining the attention of new web surfers as the online population continues to explode.. AMZN is a book seller. The net as a population sample is overeducated and has high incomes.. Thus alot of book readers.. As more and more people come online, there is going to be a ratcheting down effect on the household income and education level.

I bring this up cause what segment of the US population buys books?? In other words, I believe that AMZN and other book sellers will enjoy a rampid growth in book buyers from current online advocates, but this will die down tremendously over time..

I think someone should find out what percentage of the population buys any books over a one year period?? In this hardly literate society, I bet its well under 5%. Wish someone would come up with a hard number...

I know, I know, AMZN is going to be selling everything including hair cut vouchers....... GIVE ME ANOTHER 1000 SHARES!! I will put a limit order in on Monday for anything under $150.. Don't want to miss the run!



To: F The who wrote (6872)6/20/1998 3:28:00 PM
From: Peter Church  Read Replies (2) | Respond to of 164684
 
I have given up trying to call the top on this stock and am more interested in identifying the trend. Is it up or down. The fundamentals are not an issue. It's a trading machine. I want to be on the side of the strongest players. I think they will continue to make money up and down. Am I opportunist enough to go long Amzn? Probably, and smart enough to be neutral if in doubt.