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


To: Jack T. Pearson who wrote (31110)12/25/1998 2:22:00 AM
From: jach  Read Replies (2) | Respond to of 164684
 
<leading Internets (Amazon, Yahoo, and AOL)>

Internet related companies but totally different outlook, imo.

AOL is a service provider that has great potential. To put in a network infrastructure like AOL will require tremendous undertaking in both money and resource. Although somewhat expensive, AOL can go higher.

YHOO is a directory service and a portal. At this price it is extremely expensive considering what it provides. Any large company can build a site similar to what yhoo is providing in six months or less. As the saying goes, if competition can catch up easily there is not much premium that one can get. Just look at this example:
go.com by DISNEY. There are hundreds of web sites from well known companies that are ready to go online next year that can provide services like yhoo.

AMZN is a book seller and a small merchandiser for some other products. But their other products such as cameras are much more expensive than competitors. Even books, Barnes&Noble and BAMM sell books cheaper than AMZN. It's so easy to compete with AMZN market segment and next year we will see tons of companies selling their products on Internet. At this price, AMZN is a 100% sure shot to make a large sum of profit. The time may not come soon, but within a year it will get down to the teens.



To: Jack T. Pearson who wrote (31110)12/25/1998 2:25:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Notice, the Internets that got hammered today are "wana-be" companies. The leading
Internets (Amazon, Yahoo, and AOL) lost less than 1%.


AMZN is not a wanna-be? Please explain.

Glenn