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To: Bill Harmond who wrote (57710)	5/21/1999 10:44:00 AM
From: Glenn D. Rudolph	Respond to of 164684

>>As I understand the plan, amzn would capture a dominant position, at a cost of billions in losses. That is exactly what AOL spent. William, Do you ever tire of that analogy. AOL is an ISP. My goodness. Glenn

To: Bill Harmond who wrote (57710)	5/21/1999 10:50:00 AM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 164684

>>As I understand the plan, amzn would capture a dominant position, at a cost of billions in losses. >> That is exactly what AOL spent. Then the investment decision is at what market cap (or stock price) should amzn be at this time to account for the risks in the plan and possible rewards. It seems investors are getting reluctant to give it full price while the plan is in its infancy. The ones who get real excited and buy the breakout are losing their shirt and dwindling in number. The proof of my contention will be if the July high is much lower than 220, which is what I am arguing. By the way, my gambling money is now tied up in Lycos (short).