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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 237.58

-2.7%

Nov 13 3:59 PM EST

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To: Lizzie Tudor who wrote (66019)	7/2/1999 1:40:00 AM
From: Eric Wells	Read Replies (1) of 164684

I wouldn't be so quick to sign Wal-mart off - you may not see their stores in New York, LA or Chicago - but they're everywhere else in the US. They are, after all, the leading retailer in the country (and probably the world) - and a lot of people know their name. And while their web presence does not yet match Amazon's, I'm sure they're not going to give up any of their revenue without a fight. It's also interesting to note that Amazon did successfully hire away some key Wal-mart managers that knew Wal-mart's distribution system inside and out - Wal-mart sued, and I believe Amazon settled out of court (someone correct me if I'm wrong here). -Eric

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