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

To: KeepItSimple who wrote (38201)	2/5/1999 2:17:00 AM
From: Bill Harmond	Read Replies (2) \| Respond to of 164684

These aren't the early computer years, and I don't remember Atari or Commodore ever being dominant except with game-players and hobbiests. Internet usage is different from product share anyway. Nothing compares to the positive network effects of a leading community site like eBay. If you saw the bar charts I saw, you'd come away astonished too. The only other company this week to make a reasonable case for listing a product on their auction site instead of on eBay was Ticketmaster-Citysearch, who pointed out the advantage of listing bulky, valuable items on their local auction sites. It's over. eBay has the traffic and positive cash flow to keep dominating this space by a mile. If I'm gonna put somthing up for bid, I'll go where the bidders are and where the action is. If I'm looking for an item, I'll go first where the widest choices are. EBay already has the power of scale, and it's infinitely scalable from here.

To: KeepItSimple who wrote (38201)	2/5/1999 2:46:00 AM
From: Howard Hoffman	Read Replies (1) \| Respond to of 164684

KeepItSimple: A few more examples for you: Apple Computer VisiCalc -> Lotus 123 ->MSFT XL can't remember -> WordPerfect -> MSFT Word Of course there are many examples of companies getting out front and staying there. Just like AMZN has pressure from traditional booksellers, EBAY will be getting competition from Christies, and other auction houses. William: Look at the EBAY volume: 1/27 "3:1 split" -> GapUp on huge volume, no follow thru next day Wed 2/3: Big up day, .5x normal volume Thu 2/4: -14%, 2.2x normal volume What does this mean? Is this really a mystery? The serious players are getting out of EBAY first. Then comes the domino effect. Put your $ back in bonds and buy these stocks a lot cheaper sometime this year, maybe next week. Sorry, I know this is the AMZN board, but what is going on now transcends the individual issues.