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

AMZN 233.22

+1.8%

Nov 28 9:30 AM EST

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To: Ken M who wrote (93)	7/10/1997 1:44:00 PM
From: Robert Bond	of 164684

Amazon.Com -- record LOSS this qtr. Although shares of AMAZON.COM (Nasdaq:AMZN) were up $3 5/8 to $27 5/8 today after its deal, a look at the fine print finds America Online the true winner. Amazon.com will be the "exclusive" bookseller on AOL.com and NetFind, but not for the entire AOL service. AOL's Book Central partnership with BARNES & NOBLE (NYSE:BKS) still stands, and should BORDERS (NYSE:BGP) decide it wants online placement, it seems likely that AOL will have something for them as well. In the Amazon.com deal, America Online gets $19 million over three years plus part of the revenues if they go above certain pre-set amounts, although no revenue projections were made.

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