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

To: Mark Fowler who wrote (30107)	12/16/1998 1:53:00 PM
From: KeepItSimple	Read Replies (2) \| Respond to of 164684

Amazon is not going to buy any retailer. Anyone with even the slightest clue about Amazon's new business strategy knows that they are moving quickly out of the "physical" part of the business, because they have shown spectaularly that they cannot make money at it. Their losses have increased every quarter, even as their sales increased at incredible rates of 300% per year. Give me ONE credible reason why Amazon would try to go farther into debt by selling further channels of retail products. Because they want to lose more money? Not a chance, folks. Amazon wants to move to a truly non-physical online presence, becoming an E-tailer portal that never has to touch any physical product, thus removing their main source of income loss. But keep in mind, this is a desperation move on Bezo's part- it is the only option left for him to keep the "good feeling" going with the investment community. Since everyone has acknowledged he has failed with the "sell real product" biz model #1, he has to move quickly to biz model #2 "refer people to merchants selling a real product and try to become a middleman who takes a cut". The only minor problem with this is Bezo's early statements during the founding of Amazon is that the middleman was doomed in the e-commerce space- he founded Amazon to kill the middleman by using the net as a playfield leveler. I wonder if any investors question Bezo's hypocrisy? In desperation he has turned Amazon 180 degrees towards the business model he vowed he would put OUT of business just a few years ago.