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

To: Bill Harmond who wrote (55237)	5/5/1999 8:42:00 AM
From: Glenn D. Rudolph	Respond to of 164684

>>Surprise, bulls: bricks and mortar actually count for something. Yes: Lease and inventory expense. William, I think you are a great guy. I just believe you are lost on retailing. Your other picks are great:-)))) You are entitled to your opinion. I just couldn't go by the post and ignore it<G> Glenn

To: Bill Harmond who wrote (55237)	5/5/1999 8:54:00 AM
From: Peter Bernhardt	Respond to of 164684

Yes: Lease and inventory expense. William, And in their most recent earnings report Amazon showed an increase in inventory of over 50%. The low-overhead model no longer pertains as is made only too apparent by the spending spree on which Amazon is currently embarked. That said, I am with several other traders on this thread in being long the stock at the moment. BTC yesterday and looking for a bump this morning after the past week's meltdown. I'll sell quickly, however, because I find the metaphysical tension of holding a stock I believe to be (yet still) grossly overvalued and fundamentally broken more than I can bear. - Peter B