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

To: Lizzie Tudor who wrote (44652)	3/8/1999 11:37:00 PM
From: Bill Harmond	Read Replies (3) \| Respond to of 164684

I agree. Focuus on the paragraph preceeding that point though: What I'm suggesting is that e-commerce may work like a poker game in which the players capable of raising the stakes high enough will never lose because competitors will simply have to fold. Clearly, Amazon may be best-positioned to play this game. Although the Amazon bears have repeatedly argued that there are no barriers to entry on the Web and that price competition will destroy the company, they're not just wrong, but diametrically wrong. The dynamics they identify as a threat actually speak to precisely why Amazon is so strong.