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

AMZN 227.94

-0.7%

11:35 AM EST

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To: Bill Harmond who wrote (144746)	8/5/2002 1:40:14 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

"Meanwhile, Amazon.com's Jeff Bezos has said time and again that he wants consumers to associate Amazon.com with the best value, and our sales growth calculations suggest Amazon will offer consumers some good holiday deals. Buy.com will stay lockstep with any drop in Amazon.com's prices for books. Meanwhile, companies like CostCo seem to be able to flip the switch on an online operation and turn a profit. Todd Slater, an analyst at Lazard Freres, estimated thatBBar CostCo generates about $200 million in sales online and is profitable there. " The rest of the article is good as well: marketwatch.com

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