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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 222.55-1.6%3:59 PM EST

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To: Alomex who wrote (6224)6/16/1998 4:51:00 PM
From: William T. Katz   of 164684
 
RE: The competition

Amazon has more than just BKS and BGP as competition. [Both of them, by the way, are substantially less in market cap than AMZN right now ... Barnes & Noble is almost $1.5 million less in market cap than AMZN ... unbelievable!]

People seem to have amnesia that Bertlesmann will move into online sales in a big way, and they have deeper pockets than AMZN+BGP+BKS, not to mention they own the publishers.

I bought my first books from borders.com, two Vietnamese language books, one of which was said to be "unavailable" at Amazon. I was pleasantly surprised to find Bill Gates' The Road Ahead book included with my order as a free gift. I know they are having a huge surplus on that book, but still, it was a nice thought :)
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