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

To: Glenn D. Rudolph who wrote (17634)	9/20/1998 4:00:00 PM
From: OtherChap	Read Replies (1) \| Respond to of 164684

>Indeed, in the course of a single weekend, Raghavan and his fellow >researchers produced a directory that had 600 topics, about a >quarter the number that Yahoo! currently has. So in a 8 days, Yahoo can be recreated for virtually no cost. "high barriers to entry" my butt. But at least Yahoo actually has a business model that comes close to making profits, whereas the truth is slowly leaking out that Amazon is losing tons of cash on every sale. The point at which Amazon stock will be in single digits will be the same day I can find a newbie investor who no longer thinks amazon is making millions of dollars a day in profits. Unfortunately, that myth still persists in EVERY PERSON i ever discuss the stock with, outside of the SI investor boards and financial circles. The sad fact is that a large majority of the small-fry investors buying those 100 share blocks have been led to believe that Amazon is turning a profit.

To: Glenn D. Rudolph who wrote (17634)	9/20/1998 4:47:00 PM
From: H James Morris	Respond to of 164684

Guys/Gals, As you know I've been scratching my head, trying to figure out who are the yuppies buying the 'Things' stock at these prices. I found one over at the MF. Here he is. <Author: nwinvest ÿÿÿno profile \| no interview Date: 9/20/98 3:13 PM Disclaimer: I live in the NW. Other than that I have no connection to Amazon.com (AMZN) except as a customer and early stock holder. My comment is this: I bought stock in Amazon because I am a VERY satisfied customer of their business. I use the service regularly to buy books, music, and videos not just for myself, but for people at a distance. The latter is particularly advantageous since Amazon will deliver them complete with note, and wrapped if wanted. This would take a couple trips by car rather than one quick one by web. I have also had great response from their customer service department. In fact their standard is so far superior to, for instance, the phone companies these days, that it's made me very impatient with the failures of others. (Gateway (GTW) is another of the great customer service gurus.) I'll hold, and buy more AMZN, for the same reasons: I use the company, I'm satisfied with the product, and I want to invest in their success.> Now here's my response to him. <nwinvest<I'll hold, and buy more AMZN, for the same reasons: I use the company, I'm satisfied with the product, and I want to invest in their success.> <I also live in the pnwest. I also have used amzn, but choose B&N as my first choice. You have yours and I have mine. You want to invest in Amzn success? May I suggest that you invest in a company that is, or will make profits.Selling books at a loss just doesn't make sense. Even if you love the service. If your new to Wall Street, do a little research. Wall Street only rewards for profits. Especially after the fad is over. Now if you like e-commerce, customer service and profits. I'd suggest you invest in Nordstom's, if they ever start selling on-line.