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

To: Glenn D. Rudolph who wrote (40152)	2/15/1999 8:46:00 AM
From: KeepItSimple	Read Replies (1) \| Respond to of 164684

>The company offers nothing not available elsewhere. Glenn you are forgetting the "touch and feel" of their website. That certainly is worth 20 billion, dont you think? ;)

To: Glenn D. Rudolph who wrote (40152)	2/15/1999 1:27:00 PM
From: Cymeed	Read Replies (2) \| Respond to of 164684

<<< There is nothing good about the company. There never has been and never will be. >>> I fully agree with you that Amazon stock price look like a joke given its earnings power and cash flow generation (or loss rate :o). However, one thing which has puzzled me for a while is, if Amazon can truly build a huge mass of loyal book buyers through the Internet, would they be able to influence the herd toward the direction to whatever THEY want? Would this be equivalent to the ability of influencing the culture, the structure of our society, and politics as the least in that aspects? How much shareholder value should one put in the stock of a company if it has such an influence? But of course, whether they can form that kind of mass followers and powerful influence is one thing (especially given the competion from others), and the value of such influence is another. To me, I thought those individuals and insitutions who have been buying AMZN probably saw something beyond earnings and speculation. The latest news regarding the Amazon being critisized for taking $10,000 for a recommendation seems more like a positive to the company than a negative. It seems that somebody is trying to remind the shareholders that Amazon has such an influence that its mass reach to the book readers and a recommendation on their behalf can be converted into actual profits :o) Just my 2 cents. I currently don't have any position in AMZN.