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

To: Tom D who wrote (26758)	11/18/1998 7:35:00 PM
From: Gary Walker	Read Replies (1) \| Respond to of 164684

Got to hand it to you Tom... You've made money in AMZN in this stock market. That's all that counts. Opinions mean nothing if you don't make money, so I guess that means you are right and the bears are wrong. It confounds me to think that AMZN is worth what the market value says today. It increased 2 billion in the last two days. Last night I did my Xmas shopping on line. I checked prices on 5 DVD's and found the best prices from BEST BUY. I check prices a few weeks ago for A. Gary Shilling's book "Deflation." Borders.com was $2 bucks cheaper than AMZN. While the wave is certainly up for AMZN and the like, it seems that there's more hype than substance. How long will it take before the manufacturer's skip the middleman and sell direct? Qualcom is already selling direct as are a number of other companies. Make money while it's hot Tom, and I suspect you're sharp enough to get off the ship when the time is right. Good luck!

To: Tom D who wrote (26758)	11/18/1998 10:32:00 PM
From: Victor Lazlo	Respond to of 164684

<< When AMZN and other online booksellers get large enough, they will get a discount from publishers because the publishers are spared the interest cost and the risk of returns. >> Problem is, Tom, that amzn and anyone else has to take the lousy books in order to get the bestsellers. And rev / employee are not impressive when compared to profitable internet co's. Victor

To: Tom D who wrote (26758)	11/18/1998 10:47:00 PM
From: Dwight E. Karlsen	Respond to of 164684

In its first quarter of selling music CD's online, AMZN grabbed the largest share of the market away from the former leaders. I would love to hear the explanation for this from all those folks who think that price is the only thing that matters in selling on the internet.<< okay, I'll take a stab at it. How's this: "In its first quarter of selling music CD's online, AMZN grabbed the largest [unprofitable] share of the market away from the former [unprofitable] leaders." Bezos is to be commended for leveraging his background as an investment broker, but so far he has not proved that his company can actually turn a profit, i.e. the ol' business model. That, my friend, is a fact. However, the market has already discounted future profits which are in no way in the bag. >When I start reading articles about numerous closings of bookstores, I will figure it is time to think about taking some profits< Some things just ain't going to happen. That is one of them.