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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 220.66+1.6%Nov 21 9:30 AM EST

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To: Bill Harmond who wrote (14218)8/21/1998 6:06:00 AM
From: llamaphlegm  Read Replies (2) of 164684
 
William:

You might find this quote from the S&P ratings report of amzn (In develpment category) -- the link is under the stock's "news" button at yhoo. BTW, you mihgt also extend the logic of this person's question to music, flowers etc. -- any other item which amzn does not sell and which yhoo et al already take a cut of from their agreements with other merchants. I'm sure that after reading this you'll give me the bullish spin and go out and buy more!

LP

'Dose of reality' needed
Another advantage: Recruitment.

With a fist full of stock options to offer employees following an IPO, these companies may be better able to compete for talent against option-laden startups.

But other Web operations considering following Barnes & Noble's lead might want to consider the warnings of Wall Street bears, said Mark Basham, an analyst with Standard & Poor's Equities Group, in New York.

"I think this market needs a dose of reality," Basham said. "Are we getting to the point where we are going to have 10 dozen Internet companies all doing the same thing?"

It's possible that the portal sites could all move in the e-commerce direction, taking away some of the novelty of an Amazon.com or a barnesandnoble.com, he said.

"What's to stop Yahoo! from selling books? Theoretically nothing," Basham said.
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