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

To: dbblg who wrote (56202)5/10/1999 2:32:00 PM
From: Bearded One  Respond to of 164684
 
Good post. I am far from an expert in bookstore economics. I'm at a lost to know what's going to happen in the next few years with bookstores and book websites. I just wanted to point out that nobody else really knows either, and that websites are not a pure win over bookstores.

As for website design, the industry is in its infancy and who knows who will have the best website a year from now? What if St. Martin's Press comes out with their own website and sells directly to consumers? We're a long way from picking the winners (anyone know which company invented diapers?), and to value a company at 22 billion which has yet to net a dollar is very foolish.



To: dbblg who wrote (56202)5/14/1999 10:54:00 AM
From: dbblg  Respond to of 164684
 
ALL:

Was anyone expecting this high of a core rate? I sure wasn't. My normal sell discipline is to raise a ton of cash and regroup when I am that wrong about something, and I am in the process of doing that. (So far, I'm keeping my AMZN position, which is tiny and which was bought for the long term.) Anyone have a good rationalization for the inflation number?


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