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

To: Keith A Walker who wrote (34787)	1/14/1999 10:07:00 AM
From: Glenn D. Rudolph	Respond to of 164684

Glenn, Not that I disagree that if AMZN starts selling software titles it could be good for a one day pop, but, isn't the current stock price reflective of AMZN becoming the Walmart of the Web anyway? Most corporate buyers have to buy through purchasing and that is where the bucks for software are - I don't see a corporate buyer turning to Amazon for anything. Do you see it another way? Keith, You are making a fundamental argument. That does not apply in the NZMA world. Look at what occurred to the stock price when they announced music which was expected, then videos which was expected. How about the mini gift shop? Margtins are decreasing due to the music and videos as stated by the company. That only made the stock price go higher. Fundamentals have no place here in NZMA. Glenn