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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 241.56+0.3%Jan 7 3:59 PM EST

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To: Tom D who wrote (1443)2/5/1998 12:13:00 AM
From: Candle stick   of 164684
 
>>>AMZN won. BKS will go through the motions for a while until they realize that they will never achieve the size needed for economies of scale. AMZN has too great of a first-mover advantage. BKS cant dump a hundred million of losses into their internet venture--their financial position is too precarious.<<<

Tom, do you make this stuff up as you go along? Sounds like a lot of wishful thinking to me...

1) BKS will go through the motions for a while until they realize that they will never achieve the size needed for economies of scale.

Wrong. Barnes and Noble already has achieved economies of scale in the Bricks and Mortar stores. They also buy their supplies(books) cheaper than anyone else, and sell more of them than anyone on earth.....

2)BKS cant dump a hundred million of losses into their internet venture--their financial position is too precarious.

Wrong again. Let me refresh your memory. BKS has 2.7 BILLION dollars in sales and AMZN has 130 million (thats an M not a B) in sales for the same period.....BKS could dump 200 million into their internet venture and not even notice its gone.....AMZN is forced to borrow at above market rates just to continue ongoing operations due to their increasing losses. BKS had a PROFIT last quarter.

By the way that 2.7 billion in sales by BKS supports a market cap of 2.2 billion dollars for the company. How can AMZN justify a 1.5 billion dollar market cap with just 130 million in sales and NO profits? gets ya thinkin', huh?...........;^)
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