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

To: Glenn D. Rudolph who wrote (57897)	5/22/1999 2:22:00 PM
From: Cap_Loss_Cfwd	Read Replies (1) \| Respond to of 164684

>>Critics will eventually realize that Amazon's direct fulfillment e-commerce services, such as books and music, will serve only as a foundation for its auction, shopping-engine and advertising revenues. Look at the book and music sales as necessary loss leaders, or only marginal performers if you like. It's the newer Amazon services like Amazon Auctions and Shop the Web that provide higher margins by leveraging the existing customer base.<< If this in fact is the great hope of the longs, you guys are in deep trouble. You are paying for something that does not exist and probably never will exist. If AMZN's books and music business will never make money, not only are the stockholders in deep trouble, the bondholders are as well.