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

To: llamaphlegm who wrote (35292)	1/18/1999 1:53:00 PM
From: SLN	Respond to of 164684

Blodgett is now saying that the value of AMZN is anywhere between $1 and $500 pre-split. Interesting interview: moneycentral.msn.com How big is this "big opportunity"? [Answer by Blodgett] It's hard to say. We could all be really wrong, but I really think the opportunity in online retailing is as big as the Wal-Mart Stores (WMT) super-store opportunity was 30 years ago. That doesn't mean that I think Amazon is going to become Wal-Mart. Obviously, they are two very different concepts. But if you look at retailing in general, it's about a $1 trillion business, give or take a few hundred billion. The Wal-Mart super stores have 10% to 20% of that, depending on how you want to look at it. Could online retailing ultimately have 10% of the total market? I think so. So it could be an enormous opportunity. And then, as you look forward for Amazon, you just have to make assumptions about what kind of market share you think they can get, how big the market really is, how profitable they can be. All of that is a very inexact science. So you can come to the conclusion the stock is worth anywhere between $1 and $500.

To: llamaphlegm who wrote (35292)	1/18/1999 2:12:00 PM
From: Rob S.	Read Replies (2) \| Respond to of 164684

<Tomorrow, Ernst & Young will release a survey of 1,300 consumers and 125 online retailers, which found that 57 percent of consumers were visiting Web sites only to research products. They did their actual buying later in a store or by phone or fax.> - That's an interesting finding. A BIG speculation of Internet bulls is that the Internet will supplant so much of retail purchasing that having a "bricks and mortar" based business is costly and obsolete. I guess that makes sense to anyone who spends most of their time glued to a computer screen. But it doesn't make much sense to the average consumers. The strategic thinking of how corporations can best MAKE MONEY on the Internet has shifted from using it primarily as an advertising and customer service support mechanism to making it into an integrated capability that helps to drive and augment traditional sales. The Internet is quickly becoming a way to find good deals but is also becoming an aid to finding things that can be purchased conveniently at a local outlet store or phone-in methods. Maybe the best of both worlds. Amazon may end up with the cake (high sales) but it may be plastic (profitless).