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

AMZN 226.10

+2.5%

Nov 24 3:59 PM EST

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To: Bill Harmond who wrote (59453)	6/1/1999 11:18:00 AM
From: Lizzie Tudor	Read Replies (2) of 164684

I thought some more about the net banks this weekend and the more I think about it the more similarities there are between e-commerce and brick and mortar retailing. If you look at netbank's interest rates and services they are much better than a traditional bank. Even if traditional banks want to close branches they can't, local governments try to block it, so they are actually worse off than the b&n's of the world. Ok a bank is a bank but a book is also a book. Actually banks can differentiate themselves more easily than a bookseller, with interest rates and a netbank is also a portal to the homeloan sites. Anyway ntbk is up today, and I thought I'd mention this one more time.

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