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

AMZN 222.28

-0.1%

12:42 PM EST

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To: Joan Osland Graffius who wrote (884)	11/28/1997 11:21:00 PM
From: John May	Read Replies (4) of 164684

<<he believes . . . that the Internet is going to be successful to those companies that use it as an extension of a bricks and mortor business . . . concepts like amazon.com . . . would not be able to compete with B&N>> Joan, your consultant needs to wake up and smell the coffee. Internet bookselling is big business today and will be even bigger - a $10 billion business in 2000. So far BKS, the grandaddy of B&M (bricks & mortor) is having considerable difficulty competing with AMZN. He apparently has his concepts confused.

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