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


To: Glenn D. Rudolph who wrote (38611)2/7/1999 5:31:00 PM
From: Bill Harmond  Read Replies (2) | Respond to of 164684
 
>>the prior business model was working, why change the model?

This is a simple answer. Amazon changed the model because they realized they had underestimated the opportunity. Just to make you crazy, Joy Covey said this week that in spite of their accelerated model last year that they now realize that they are still being too conservative in their spending, and plan to accelerate it more!