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

AMZN 225.52

-3.2%

10:29 AM EST

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To: Ken Pomaranski who wrote (1914)	3/4/1998 2:54:00 PM
From: tekgk	Read Replies (1) of 164684

>> 99.999% don't know what that German companies name It's Bertelsmann For those who don't know it's a 15 Billion(revenues US$) giant with assets of over 8 billion and a net of 595 million. The book division is 3.8 billion in sales with over 25 million members! They have distribution channels throughout the world. Some publishers that they own are Bantam, DoubleDay and Dell (lots of others as well). When they sell these books to their members they get a reasonable discount -g- Their infrastructure to handle internet sales are second to none. I can say that they can handle almost limitless volumes. Their call centers are first class as are their distribution centers. Having met with several of their senior VP's I can say that their management is outstanding and is very knowledgeable technically. They sell throughout the world - with the latest club just opened in Shanghai China.

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