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

To: umbro who wrote (10787)	7/18/1998 3:14:00 PM
From: Gary Korn	Read Replies (1) \| Respond to of 164684

Gary, Whatever one wants to say about AMZN's business model, I just want to repeat my observation of a few weeks ago, when I bought two CDs from the company (Big Bad Voodoo Daddy and Cherry Poppin' Daddies). Yes, these CDs shipped on time and arrived as expected. However, I quickly learned that -- with shipping charges -- I paid some 50% more than I would have paid at brick and mortar Best Buy (even the raw CD price was lower at Best Buy). I won't buy through AMZN again. Not because of my investment position and not because of the quality of their service. Rather, I won't buy through AMZN again because I know I can buy books and CDs cheaper -- and have them sooner -- just by going to a local store. As sure as night follows day, at least some other consumers will reach this same epiphany over time -- that the convenience of on-line shopping can actually be a costly convenience. When that happens, there will be a leveling off of sales growth and, consequently, a decline in the share price. I know full well that I cannot prove this prediction. But I do know that the one true thing keeping me from shopping AMZN again is the knowledge that I overpaid in my last visit. I'm pretty sure that few people like overpaying for a fungible commodity like books or CDs or software. Gary Korn P.S. I guess I might use AMZN or another such on-line company when I know that I've got to ship the product anyway, such as to a relative or friend who lives out of state.

To: umbro who wrote (10787)	7/18/1998 3:21:00 PM
From: put2rich	Read Replies (1) \| Respond to of 164684

<<. Technically, it would seem, AMZN is likely to re-test its old high of 144 and even trade higher>> I am not a good TA, but I think it needs a much more momentum and strength to go past 130? The drop from 143 to 100 does not scare the momentum players. I know most momentum players jump to buy since they think they take advantage of the short squeeze. The last Q the rev. is 87.4, in order to maintain the momentum what rev. this Q (ending June) they should have, you guess, or fundamental does not matter? The new internut IPOs do not divert the money from nut investors? Thanks