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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Danny who wrote (78996)	9/29/1999 2:54:00 PM
From: DO$Kapital	Read Replies (1) \| Respond to of 164684

THE "THING" HASN'T DONE ITS THING FOR 6 MONTHS...anyone getting nostalgiac for last year...late fall/early winter? THIS JUST IN FROM CLEARSTATION: WHAT AN "A" LIST TODAY...AMZN AOL ATHM 'kensey' has recommended AMZN (Long) at Sep 29 1999 12:32PM Amazon.Com ( NASDAQ : AMZN ) Retail - Misc / Diversified : 0 new highs in group of 87 Symbol Last Time Change High Low Volume ----- ---- ---- ----- ---- --- ----- AMZN 78.0625 12:16PM 12.1875 78.5 65.75 39,237,100 Community Take -------------- 378 Long / 155 Short 'kensey' said: like the news. and of course the upside explosion : 40M shares traded so far. stock hit 76 at 10:00 AM EST and has not backed down since. strong support at 67 has been blown away as AMZN stock escapes the channel that has wrapped up the stock since last May. a run to the record price high at 110 would not be out of the question. as for the news, i'll leave that and it's interpretation to the experts; briefing.com's Robert Green says it all : Amazon.com (AMZN)74 15/16 +9 1/16: This is the first really good idea coming out of Amazon.com in a long time: renting space to other merchants. Briefing.com always loved the fact that they established themselves as "internet books" very well early on, but the later moves into broad shopping seemed unfocused. But this idea may serve to really make Amazon.com mean "shopping on the internet." Instead of selling the items themselves, Amazon.com will simply rent the space out to other merchants, who list their own items. Amazon.com will charge them an incredibly low $9.95 per month to list as many as 3,000 items, with an as-yet unspecified percentage for processing the transaction. It comes a lot closer to making Amazon.com a true mall. Who gets hurt by this? First of all, eBay (EBAY), who has many businesses paying both listing fees and percentage. Secondly, Inktomi (INKT) stands to lose, perhaps in a big way. Inktomi had been offering its ecommerce engine for a remarkable 7% of revenue, to any merchant that wanted a private label ecommerce engine. Also hurt, although they were hurting to begin with, CyberCash (CYCH). Amazon.com's mall will allow users to enter their credit card and personal information once, at Amazon.com, and shop at all the merchant sites. This was the main benefit of CyberCash's InstaBuy product. Merchants who sign up with Amazon.com won't need to buy InstaBuy now. Amazon.com now offers both the transaction capability, and some brand name traffic. On first glance, it is incredibly positive. Amazon.com's vision always was to provide everything for sale over the net. That's what the name Amazon means: a river of distribution, largest in the world. Of course, all of this thinking is predicated on the fact that merchants will indeed sign up, a conclusion that everyone has already assumed is a certainty. - RVG >>>