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

AMZN 226.19

-1.8%

Dec 12 9:30 AM EST

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To: Robert Rose who wrote (30566)	12/20/1998 5:12:00 PM
From: KeepItSimple	Read Replies (1) of 164684

>ok, kis. enough suspense. what news? Amazon convinced the judge to put off wal-mart's injunction (that would basically have shut Amazon's business down) until tomorrow. The matter will be in court monday morning. If Amazon loses, the general understanding is they will have to stop using the order/tracking/shipping/vendor/etc software that they allegedly stole from Walmart (by hiring the top guys from walmart who ran their system, and giving them millions of dollars in stock as a bonus) But as others have previously said, the best thing for Amazon's stock would be for them to stop business operations altogether, since they lose money on every sale. I wonder if Wal-Mart realizes this is what will happen? People always wonder what kind of bombshell it would take to stop the mania/momentum of these internet stocks. If the injunction against amazon is accepted by the judge tomorrow and Amazon shuts it's e-doors, we might find out..

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