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

To: Mark Fowler who wrote (8319)	7/1/1998 5:49:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

believe so, but Glenn who the hell is he to critisize Amzn and everyone who has a long position in it. Bob and you have been the wrong ones all along about this stock. You know he comes on strong too, but that's ok, because he's in the majority on his views on this thread. Mark, I really do not wish to argue. I am depressed enough. I can understand critisizing AMZN but not the long players. The name of the game in the market is to make money. The long players are doing that. I do not begrudge them. I hope we all make money. I do not like AMZN referring to management and the company. They do not release earnings the day they state they will. They release as little information as possible and still stay within the law. An example, is the three aquisitions last quarter. The two online book companies one in England and one in Germany. The revenues of those companies were not released from AMZN. I suspect they will not break down revenues for the prior quarter so it will look like their revenues grew tremendously on their exisiting business once the new entities are added in. I take it personally now beacuse I am out a lot of money. I also do not like the managemnet of companies that do not give pertinent but not secret information to their shareholders. I know I am not a shareholder but I am entitled to my opinion about AMZN management being a bit "nasty." Glenn

To: Mark Fowler who wrote (8319)	7/2/1998 12:15:00 AM
From: Dwight E. Karlsen	Read Replies (2) \| Respond to of 164684

Mark, why should you care what anyone says about the stock, as long as you're long and it goes up? You're definitely being touchy and defensive. This suggests that you know dang well you're riding a bubble. Congrats on all the money you've made. But the reality is, Amazon is still just a book seller, with sidelines in music CDs and whatever else. Nevertheless, those are still simply books and CDs, and it is still very expensive to pay for that bandwidth, servers, web-site designers, etc. Unfortunately, the reality is that bigger players are at this moment moving in on the niche carved out by Amazon. The stock bubble will burst eventually, as surely as the sun has set tonight. Jeff or someone mentioned that these companies are being bid up in anticipation of what they will be worth 2 and 3 years down the road. Fine. But how many people day-trading the stock right now will still be day-trading from the long side in even 1 more year? My guess is nobody. So the bubble will burst well in advance of the outcome of the vaunted "worth" 2 and 3 years down the road.