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

To: ChinuSFO who wrote (33908)	1/9/1999 7:15:00 PM
From: GST	Read Replies (1) \| Respond to of 164684

AMZN the e-tailer? I suppose all those catalogue companies are going to roll over and play dead? Catalogues sell something like $50 billion a year and yet they know nothing about marketing which will let them dominate e-tailing? Year after year AMZN will make all their accumulated marketing abilities irrelevant? AMZN is a little league company with a big league stock price.

To: ChinuSFO who wrote (33908)	1/10/1999 3:56:00 PM
From: Claude Cormier	Respond to of 164684

<<MZN is selling books for now but it is about e-tailing in the long run. So your question about book sales and the future of e-tailing does not jive >> Got a good point, but I was really interested in the answer and I thought you knew it. OK then...have another question. AMZN market value is near $30B or 1/6 Walmart market value of $180B. AMZN has annual SALES of less than $500M.. WMT has profits of $4 Billions or 8 times AMZN annual sales. When do you think AMZN will make annual profits of..lets say $600-$700 millions...so it will justify its current market cap.. ??? Claude Cormier Editor, The Goldbug Comment