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


To: Glenn D. Rudolph who wrote (44480)3/8/1999 9:15:00 AM
From: Sarmad Y. Hermiz  Read Replies (3) | Respond to of 164684
 
Glenn,

I read the broker notes posted by Frost, as I am sure you did. Were they not comical?

One said Amazon's huge advantage was in being early, and knowing how difficult it is to navigate a web site, buyers simply would not want to learn another even if for lower prices.

Blodgett's insight was that when Amazon captures the entire $16B book market with 10% (positive) margins, their profit would be huge. He repeated that Amazon could switch from losses to profits whenever it deemed it "appropriate". Whatever that means. He did concede that some people might buy books at the airport where it is inappropriate to wait for Amazon delivery. I am surprised he didn't assert that Amazon will corner the airport kiosk market, too.