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

To: Mike M who wrote (7869)	6/28/1998 7:01:00 AM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 164687

Another problem, unique to AMZN, is that they have competitors just as able as they are to use the internet...and their deep pockets give them greater ability to finance the significant investment required....If a price war were to ensue, my guess is that it would hurt Barnes & Noble and Borders, but it would kill AMZN!.......... Mike, This is true. In addition, BKS and BGP both are doing very well in their traditional stores. The etailing of AMZN is not cutting into their profits or cash flow. AMZN has nothing going for it except its over valued market cap. I believe the market will punish the stock price significantly dure the month of July. I am not willing to predict beyond that. Glenn