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


To: put2rich who wrote (11342)7/22/1998 6:13:00 PM
From: William T. Katz  Respond to of 164684
 
Revenue growth is *never* sustainable once you get the revenue large enough. This is true for every single business. The real question is whether they can continue revenue growth even at annual 150%.

I agree the entry barriers to bring up an e-commerce site is minimal, but the entry barriers in advertising and partnerships (Quicken, associates) is high. That said, there are only a limited # of players that can challenge Amazon and they include B&N, Borders, Bertlesman, and even Wal-mart. I do see my friends, though, ordering from Amazon just about every week.

The stock is overvalued but more than valuation has been driving this puppy for quite some time.



To: put2rich who wrote (11342)7/22/1998 6:17:00 PM
From: fedhead  Read Replies (1) | Respond to of 164684
 
This kind of cautionary statements are common from good management.
Look at YHOO. They keep giving cautionary outllok. Hasn't affected
their stock price.

Anindo