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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.75+0.3%11:28 AM EST

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To: Glenn D. Rudolph who wrote (32700)1/5/1999 6:03:00 PM
From: Robert Leverton  Read Replies (3) of 164684
 
If the value of the e-commerce companies are for real, why are there no acquisitions and consolidations occurring within the e-commerce community. Could it be they realize the unrealistic prices and refuse to pay them?

While I'm confidant someone will respond with a small acquisition that happened recently. I think you'll notice an absence on the order of Amazon acquiring OnSale or even better the Gap (a proven company befitting from the internet). You can't argue that Amazon would not benefit from a move like this when their plan for growth includes expanding into items other than books and CDs.
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