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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.70-1.2%3:59 PM EST

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To: Earthdog who wrote (1432)2/2/1998 11:51:00 AM
From: Don Westermeyer  Read Replies (1) of 164684
 
Here's a little blurb on Briefing about the internet stocks, AMZN included.

briefing.com


Amazon.com: Not expected to be profitable for years, but market values it at a full 70% the market cap of big, and very profitable, competitor Barnes & Noble. Briefing is not as impressed by the business model as the market: absence of bricks and mortars (and associated profits) is a weakness, not a strength. Trades on announcements of new distribution agreements.
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