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

AMZN 232.88

-0.8%

3:59 PM EST

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To: Lizzie Tudor who wrote (59445)	6/1/1999 8:07:00 AM
From: Glenn D. Rudolph	Read Replies (1) of 164684

BEFORE THE BELL - Amazon.com <AMZN.O> drops NEW YORK, June 1 (Reuters) - Shares in Amazon.com Inc. fell in early trade Tuesday after a critical article about the Internet retailer in Barron's financial newspaper. Amazon.com was down at 111-5/8 on the Instinet electronic broker system from a Friday closing price of 118-12/16. The fall came after a front-page weekend article in Barron's on the company headlined "Amazon.bomb." "The idea that Amazon CEO Jeff Bezos has pioneered a new business paradigm is silly," the article said. "He's just another middleman, and the stock market is beginning to catch on to that fact."

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