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

To: Rob S. who wrote (26470)	11/17/1998 7:56:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

For all the hype and the astounding valuation surrounding the Internet stocks and Amazon in particular, it must be recognized that Amazon does what they do well. I am sure that they will see greatly increased sales this fall/Christmas buying season and that no other Internet competitor is likely to defeat their sales momentum. I agree on not this fall. Momentum will continue. Amazon will likely grow to $3-5 billion in sales within five years. I believe that the exclusive contract of Bertlemanns and AOL in Europe along with CompuServe will keep AMZN from ever obtaining that much revenue. If competition occurs as we think it will, those sales combined with Amazon's cost structure will result in at best narrow profits - not high enough to sustain the current, let alone the much higher price that investors hope for. Until that starts to happen all anyone is doing is highly speculative, go with the flow or against it - betting against the Internet darlings is a very risk prone gamble. I doubt that there will ever be profits but the market will love them until Q2 of 99. Then revenue will stop growing as Bertlemans takes the Europe market and BKS in the US. Other products have lots of competition. Glenn

To: Rob S. who wrote (26470)	11/17/1998 11:01:00 PM
From: Victor Lazlo	Read Replies (1) \| Respond to of 164684

<< The competitive landscape is changing but that is neither what the market is most focused on nor is it something that will have that much effect in the short term. Barnes & Noble, Yahoo!, Lycos, and numerous other competitors must put up competitive offerings and must build momentum upon their low level of sales relative to the Amazing one. >> Rob- have you ever heard of Electronics Boutique? They are the biggest seller of computer games on earth. How will amzn compete with them? Please educate me. Victor