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

To: J.S. who wrote (9075)	7/6/1998 8:28:00 PM
From: limtex	Read Replies (1) \| Respond to of 164684

JS - The way things are going this stock is going to be double within a month. That means $14bn OK why is that any less valid a valuation than $7bn? BTW if brokers start reccomending at this level you shoiuld be very cautious. I think I would avoid a stock there recomended in favour of one they didn't!!! L

To: J.S. who wrote (9075)	7/6/1998 8:42:00 PM
From: Rob S.	Read Replies (3) \| Respond to of 164684

Here's an interesting little test of Amazon's market position: I spent some time looking for a few technical books on Internet e-commerce development and found a few titles at Amazon.com that looked interesting. Rather than buy the books at from list to 20% off at Amazon, I searched for "discount computer books" on a search site and came up with several competitive web book merchants. As anyone who's done a search knows, this wasn't very painful. I found a few good sites but decided on Bargain Computer Books at bargaincomputerbooks.com because it had a fairly good search engine. I quickly found the exact books I had found at Amazon.com. This entire search took me about 10 minutes and saved me about $50. One typical example that was priced at $31.96 at Amazon I found at $19.97 at Bargain Computer Books. I wouldn't even think about buying books at Amazon.com until I see if they are competitive - what I found is that they don't even come close! Future price pressures will severely cripple the stratospheric expectations for this stock, IMO.