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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.23+1.8%12:59 PM EST
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To: greenspirit who wrote (3363)4/24/1998 8:14:00 PM
From: Glenn D. Rudolph  Read Replies (2) of 164684
 
Amazon is steadily becoming the wholesale distributor of books to thousands of mom and
pop type bookstores across the country. Amazon, through it's database analysis, is able to
provide information on the habits of the book buying public. They know which books
sell the most, which books excite the customers and which books sit idle on the shelves.
Providing this kind of information to book stores everywhere creates a rare opportunity
for small book store owners.

Which book stores will resist the temptation to access this HUGE database?

Michael,

I know I replied to this but due to recovery from recent surgery typing is difficult. I will keep this short.

AMZN is a retailer and retailing is a business I know well. All stores, including my own, keep very accurate records regarding what sells. The factories and in this case publishers know what sells best in different geographic areas of the world.AMZN has no more information and likely less than their large competitors.

Secondly, the number one cause of retail failure is being under capitalized. AMZN fits this perfectly. AMZN will fail. A web page is easily reproducible. It just takes cash to pay good programmers.

I doubt the retailing book industry will change that much. However, if it did, Barnes and Noble along with Borders will change and crush AMZN.

Glenn
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