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

AMZN 227.35

+0.3%

Dec 19 9:30 AM EST

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To: Eric D. Moody who wrote (14151)	8/20/1998 10:51:00 AM
From: Rob S.	Read Replies (1) of 164684

Or it could be that they want to take advantage of the huge run-up in the internet stocks. They also have "cultural differences" and real price competition between their traditional business and the on-line business. I don't see any reason why they can't still do store tie-ins to the on-line store. The market is so caught up in the growth of the internet that it is willing to ignore what that implies; the internet will become more competitive than any other venue in the history of the world - both in numbers of worthy competitors and in ease of shopping and price comparison. Barnes & Nobel understands that they won't make much profit from the internet. If anyone does, it will be the Bertelsmans, Dell computers, and Lycos and Yahoos!, not the Amazon's. Cut out the middleman.

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