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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 230.84-1.9%Dec 31 3:59 PM EST
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To: Mark Fowler who wrote (70850)7/31/1999 3:54:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 
But it's Wal-Mart that really has the e-commerce world riveted. Right now, it's doing maybe a tenth of the online business of Amazon.com. But by year-end, it's expected to unveil a site with a selection that dwarfs anything else on the Web. Coupled with its ubiquitous physical stores, it will have the whole package: superstore selection, easy returns and, given the parent company's $5 billion or so annual profit, the ability to eat massive start-up losses without getting indigestion. "Clicks-and-mortar," they call it.
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