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

To: JBL who wrote (26657)	11/18/1998 9:02:00 AM
From: michael liu	Respond to of 164684

Off topic: ZD has been very aggressive in terms of creating a real internet media network. It seems to me that their investment is starting to pay off. They are very comfortable with this Q's earning which is 52 cent per shares. With 100 Million shares outstanding, it gives them 52 Million income which is very impressive. ZDnet IPO is near the corner. I think we will see 52 weeks high again. Michael

To: JBL who wrote (26657)	11/18/1998 9:03:00 AM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 164684

Briefing remains blown away by market's love affair with AMZN... Stock just keeps climbing despite all logic... Rally on introduction of video and gift areas a mystery to us as neither unit moves company significantly closer to turning a profit in near future... Meanwhile if company expects to dominate e-commerce landscape in these areas it will have to take on significant increase in already sky high marketing costs... Departure from simple plan of being best bookseller on the net to being the Internet's answer to K-Mart - without the profits - doesn't excite us... But we are obviously in the minority... Whereas we have no interest in playing this stock at current levels we also aren't dumb enough to bet against it given unbelievable momentum.

To: JBL who wrote (26657)	11/18/1998 9:48:00 AM
From: JBL	Respond to of 164684

Saw Cramer on CNBC this morning- It reminded me of his prescient call to buy AMZN just a few days ago, before this miraculous 22 point jump. At the time, he mentioned that he just "knew" the stock was going up. What insight ! What an intelect ! Bravo !

To: JBL who wrote (26657)	11/18/1998 1:47:00 PM
From: Tom D	Read Replies (2) \| Respond to of 164684

<<<Bezos....is a born idiot when it comes to business judgment>> I beg to differ. <<- He was courted by Bertelsman (AOL's partner) and declined.>>> Obviously he thinks he does not need Bert. He can raise money in several ways if he wishes. He thinks he can defeat Bert. Only time will tell. <<- He touted the "no brick and mortar concept" only to find he needed warehouses to remain competitive.>> So he owns two warehouses. Big deal. He'll need a few more. The need for a few warehouses is in the original prospectus. <<- He's going all out internationally before making a single dime in the US.>> So you want him to wait 5 years until he is profitable before entering Europe? He showed everybody in the US that he who gets to the market first, gets the lion's share of customers. It is up to his competitors to take them away from him. Because of his bold moves, when people think of ecommerce, they think of AMZN first. That mind-share is incredibly valuable. <<- He poaches not one, but 9 key employees from Walmart and ends in a law suit with a company that has some of the deepest pockets in the US.>> Well, this boils down to opinion. A couple sources I checked think there is no merit to this lawsuit. <<- He engages in a verbal war with BKS after they acquire his main supplier.>> Multiple sources think that DOJ will never let this acquisition happen. <<Again, a great politician, but a lousy business person. Reminds me of Clinton and his foreign policy.>> What is wrong with Clinton's foreign policy? I think Clinton should resign. Despite my personal bias, and acknowledging that Clinton does not have the alliances that George Bush had, I think he has done a decent job with foreign policy. Except for the small detail that I disagree with everything you wrote, I appreciate the posting. Bezos has manuvered around every challenge and excuted the business plan to perfection. He is an awesome CEO who has created a lot of shareholder value. Best Regards, Tom