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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 222.55-4.4%Nov 18 3:59 PM EST

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To: David Blocher who wrote (24475)11/4/1998 5:22:00 PM
From: L.J. Hoffman  Read Replies (4) of 164684
 
>>If Herb Greenberg's sources are good. This is not good news for
Amazon<<

If you believe this you have no business trading AMZN. In the words of Monty Python, you must look on the bright side of life.

The acquisition is really bad news for Barnes and Noble. They're buying a company that does a lot of business with Amazon. Who would buy stock in a company whose profits are tied to an economically unstable entity like Amazon? What if they default on a huge account payable?

Therefore, if Barnes and Noble is at risk--it's smart to buy stock in the competitor most likely to benefit from instability at BKS. Thus, we buy AMZN. It's so simple when you take time to do due diligence.
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