Amazon.com, Inc. (AMZN) Message Board

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

AMZN 233.95

+0.3%

3:59 PM EST

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To: Bill Harmond who wrote (24753)	11/6/1998 2:31:00 PM
From: Rob S.	Read Replies (2) of 164684

I am hoping that Amazon makes one more attempt at a move above 130 today. There may be other "bargain hunters" out there to help drive the price up. I missed selling it at 133 but now the charts look more certain of a sell-off. ---------- I just got another release from Amazon.com - a response to the move by B & N to buy Ingram Book: "Ingram is the largest book distributor in the United States, and many independent book stores rely on it as their source of supply. The combination of the country's biggest book retailer with its biggest distributor, and, given the recently announced Bertelsmann transaction, its biggest publisher group. undoubtedly will raise industry-wide concerns." Looks like Amazon wants to raise the anti-trust monopoly issue. Undoubtedly Bezos is concerned about the competition.

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