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

To: Randy Ellingson who wrote (42933)	2/27/1999 5:28:00 PM
From: Sarmad Y. Hermiz	Respond to of 164684

Randy, >> P.S. Try buying that same million shares. Buying, not trading. I agree there. I think 100k shares net buying can easily lift the share price $10 in one day. --------------------------------------------- >> Who's to say that at 10% of WMT, WMT doesn't think putting their "online" worries to rest isn't worth $25B on Monday? That I disagree with. It won't work, since it only takes $10M to set up the equivalent of amzn internet site (without brand name recognition and 4 years of operating losses to build clientele). Even if Amazon somehow disappeared, several others would replace it very quickly. So, eliminating that particular thorn will not cure the problem of competition. Many retail executives have stated the reason they don't aggressively grow their on-line business is that there is no profit in it. Amazon has demonstrated that to be true. Also they have shown the world that insiders can profit tremendously by starting an on-line business, and of course imitators are sprouting every day.