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

To: Mike M who wrote (8486)	7/2/1998 2:02:00 AM
From: Spytrdr	Read Replies (2) \| Respond to of 164684

i think it's rather obvious. i can't predict exactly when that will happen, but it will happen. i don't go to bookstores anymore, i live in Buenos Aires, Argentina, and i buy all my books at Amazon.com, i can search their wonderful 3 million books' database for as long as i want, it's cheaper, it's faster, i get the newly published books as soon as they come out, in nice editions, and now i buy my CDs at Amazon too, so i don't go to music stores anymore either. same thing with clothes, software, computer hardware, cars (soon), bicycles, tennis-shoes, consumer electronics, etc etc etc, you name it. the internet will crush all non-web based middlemen what will happen to all those stores and shopping malls?? ___ That is an outlandish prediction. Exactly how far in the future are you predicting this?....

To: Mike M who wrote (8486)	7/2/1998 5:38:00 AM
From: Tenpole	Read Replies (1) \| Respond to of 164684

There is a real point here - how much do folk believe the hype? For a bit of calm try this analysis: thestreet.com For those that don't subscribe, the key points raised are: 1) Their cash model is changing. They have warehouses now and they have to pay before they get paid for many books. 2) Risk increases with stock levels - as does the potential for margin increase. 3) Music sales will hurt margins 4) Cost of new customers has doubled After the discussions of a possible price for this, we have a 42 low on 06/03. This could suggest 135 as a target given the resistance shown on 06/17 and 06/24 which would be at 38.2% and 61.8%. T