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

AMZN 239.06

+0.4%

Jan 16 3:59 PM EST

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To: H James Morris who wrote (33793)	1/9/1999 4:42:00 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

The site is Amazon.com's third distribution center and more than doubles the current square footage at its Seattle and Delaware sites combined, Curry said. That will give the company more room to store books, music and videos, helping decrease waiting times for shipments to be sent, he said. There sure is a change here as I am certain everyone has noticed. The "beauty" of the AMZN business model was they did not have to carry inventory. Maybe just a little of the best sellers but they were to get payed for products prior to AMZN even buying them. This also reduced the cost of rent, insurance, utilities, etc. I bolded the comment that really counts. Why would AMZN want to "store" books, CDs and videos?? Are they storing these products that are owned by another firm for a fee? Maybe they wish to be a Baker and Taylor or an Ingrams? Glenn Glenn

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