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

To: Lizzie Tudor who wrote (42936)	2/27/1999 5:37:00 PM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 164684

Michelle, >> I buy books from Amazon even though I could go elsewhere but the price difference is no more than $4. per book << Perhaps you get mostly paperbacks. The more expensive technical books, and hardcover carry much larger difference (even though the % diff is probably the same, the absolute $ is larger). The proof of this pudding is that amzn revenue growth will be less that on-line retailing growth. As far as I know this occurred for 98Q4. The analysts who favor amzn do not mention the growth of amzn vs on-line retail. But when it gets noticed and mentioned, I think that will put a constraint on the price of the stock. Maybe.