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

To: Cap_Loss_Cfwd who wrote (60422)	6/4/1999 10:33:00 AM
From: Glenn D. Rudolph	Respond to of 164684

>>"strong buy" from "buy." In a release, Volpe cited industry speculation that the online retailer would soon add toys to its current product offerings,<< These people are so clueless that it is scary. Does anyone really listen to them. AMZN is losing money on its core business with no end in sight. How is it good news that they are entering a new business with fierce competition (online and bricks & mortar), huge inventory requirements and the need for more overhead with no profits in sight. Besides that, the market already values AMZN as a full-service retailer even if they never get there. Cap, The entire concept is "nuts." Entering a business does not mean it will be successful. Amazon does not have a succesful business as of yet so entering another money losing one will not help. These analysts really should be embarassed. Glenn