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

AMZN 241.89

+1.5%

11:17 AM EST

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To: H James Morris who wrote (120288)	3/13/2001 1:20:29 AM
From: Glenn D. Rudolph	Read Replies (1) of 164684

Glenn, you still don't think the Wal-Mart deal will happen? Some feel if it doesn't it will be too bad for both of their customers. James, I am about as sure as I get it will no happen. Wal-Mart truly has no need ofr Amazon has a partner. Their current on-line presence is an experiment that will improve with time. Amazon only has one asset and that is their experienced high tech employees. Wal-Mart can easily hire these people when Amazon folds ina six months. I can't really say I know if the DCs are of much importance to Wal-Mart but since they are leased, the subleases would be relatively low. The most important issue to a retailer is expertise in inventory buying, management and marketing. The technology for on-line sales may be bought relatively cheaply in comparison. Wal-Mart has no need at all of Bezos and the current management there. I anticipate they will buy up some of the remaining pieces. Glenn

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