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

To: Glenn D. Rudolph who wrote (43036)	2/28/1999 11:49:00 AM
From: H James Morris	Read Replies (1) \| Respond to of 164684

>> Just admit that the current business model of Amazon.com did not fulfill your expectations in terms of profit/loss as you saw them a year ago excepting top line growth<, Glenn I hate to get in between with your debate with William, but Williams expectations have been based on revenue growth and stock price. So far he's been right.

To: Glenn D. Rudolph who wrote (43036)	2/28/1999 5:53:00 PM
From: Bill Harmond	Read Replies (1) \| Respond to of 164684

>>Just admit that the current business model of Amazon.com did not fulfill your expectations in terms of profit/loss as you saw them a year ago excepting top line growth. In all honesty, I didn't know what to expect. Still don't. I wasn't dissapointed or concerned at all when the company said they would be spending more aggressively. And I wasn't concerned last month when Joy said that they realized that their expansion plans were still too conservative. I don't care whether Amazon makes a profit at some point next year as long as they are building leading, defensable franchises. The profits will come from scale (you know it, too), and we are very early in the ecommerce curve.