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


To: Dwight E. Karlsen who wrote (32164)1/1/1999 10:58:00 PM
From: KeepItSimple  Read Replies (1) | Respond to of 164684
 
The psychology of the Amazon longs is amazing. In psychiatric circles it is called "denial aint just a river in egypt"

For example, let us take the Ingram deal.

Amazon longs can't seem to make up their mind- they say the deal wont hurt them because "the regulators wont let it happen" and then they say that even if it does happen, "it will hurt barnes and noble because then they'll have all this expensive inventory"

Can't have it both ways. It either will or will not hurt Amazon.

Just like the statements about barriers to entry. When Amazon trys to enter a new area of retailing, such as selling CDs or Videos, the Amazon longs claim there are no barriers to entry for Amazon because those fields are easily entered into.

However, when any competitor starts to enter (or already exists in) one of the segments that Amazon is in, suddenly "The barriers to entry are too high for B&N/walmart/etc"

Can't have it both ways. Either these segments of retail do or don't have high barriers to entry. If the barriers weren't high when Amazon entered that segment, they arent going to be high for anybody else either.



To: Dwight E. Karlsen who wrote (32164)1/2/1999 1:29:00 AM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
>>Anyone who had any common sense whatever would take the profits now,<<
Speculators lack common sense. They thrive on pure momentum.