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

To: e. boolean who wrote (23679)	10/29/1998 11:44:00 AM
From: Rob S.	Respond to of 164684

I don't think the distinction is relevant to on-line sales. You can consolidate inventory and shipping expense and have people doing similar jobs in several product areas. Physical stores are separated by location and personnel boundaries that prevent a large amount of that centralization. This is certainly not unique to Amazon and doesn't apply nearly as much to overseas operations as it does to branching into additional product areas. All this finite analysis doesn't change the central driver - sales were reported up and the Wall Street hype machine has more fuel to build a bigger fire under the stock. The sales of insider, etc. stock and probably a lot of others who are part of the game will be "supported" by participation of some of the major brokerages. In the short-term, it makes no sense to get in the way of what is driving Amazongonenutty.com regardless of whether the rationale behind it makes long-term sense. I am going to enjoy a run-up in the stock: the sector and general markets were starting to show signs of being nicely overextended and any continuation of that trend will make a more pronounced move in the opposite direction possible. Still, I doubt now that AMZN will see south of 85 anytime in the next 4-6 months and will more likely at least test the 140 level at some point.