Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

AMZN 233.22

+1.8%

Nov 28 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Robert Leverton who wrote (36604)	1/25/1999 5:31:00 PM
From: KeepItSimple	Read Replies (3) of 164684

>With Amazon making all of these alliances Amazon isnt making any alliances. I've seen about 9 companies in the last week (all of them penny no-name stocks) make announcements that they have entered into a stragegic alliance with Amazon. In every case, it was nothing more than those companies joining the "Amazon associates" program, where you put a link to Amazon on your company's webpage and get a kickback for any books people buy through your site. There are about 110 thousand individuals who are in the amazon associates program, and it takes about 5 minutes to fill out the form and get an automated email response confirming your "membership" Any company who announces this kind of "alliance" with multiple press releases and fanfare is no better than a snakeoil salesman. They all make sure to include "AMZN" in their release so the newswire boxes pick it up when people check for news stories on Amazon. So far, the scam seems to be working- most of these stocks go up 20 or 30 percent within minutes after issuing the press release, only to collapse back down to normal by the end of the day. I only wonder how much longer this can keep going before someone on CNBC points it out to the uninformed daytrader masses. >With Amazon making all of these alliances

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next