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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: Dwight E. Karlsen who wrote (26902)	11/19/1998 12:39:00 AM
From: jach	Read Replies (1) of 164684

Watchout, imo, AMZN may join this rank considering that it is not making money yet, but still losing money much much faster than last year. ================================ K-tel confirmed reports that it faces a possible de-listing in the Nasdaq stock market Tuesday afternoon. In a release, the Calabasas, Calif.-based entertainment marketer and distributor said it had been notified by Nasdaq that it doesn't meet the minimum tangible net asset requirement for trading on Nasdaq's National Market System. K-tel said it plans to meet with the Nasdaq listing qualification panel in early 1999, to discuss methods to get the company up to standard. The company reported that it continues to meet Nasdaq Small-Cap market requirements for listing. Shares of K-tel (KTEL) closed down 2 to 10 Wednesday.

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