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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.52+0.1%Dec 26 9:30 AM EST

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To: Mark Fowler who wrote (4603)5/21/1998 5:07:00 PM
From: Candle stick  Read Replies (2) of 164684
 
Great story Mark, I love this excerpt:

TROTT: Well, the Internet is actually -- the
current model is not a viable model. Now, over time
we believe since there was a legitimate business
purpose being served that a workable model will
exist. But, the shipping costs are very high on this,
and the advertising at this point is enormous. Barnes
& Noble has declared war on Amazon.com. They're
going to spend $25 to $30 million this year on
advertising with, hopefully, generating revenues of
about $100 million.


Find the whole story at:

cnnfn.com

;^)
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