<<To all you chatters:
why not you guys find another thread to chat all these
unrelated BS? I am here trying to find info of amzn.
if i happen to drop in wrong place to disturb you>>
David, very good point, but Amzn is what you call "Dead $money". You see Amzn's stock price isn't going anywhere so we really need something else to talk about so that's why we're into Wal-Mart.
If you want to talk about Amzn here's a few for you to read about.
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Frankfurt, Nov. 7 (Bloomberg) -- Buch.de AG, a German Internet bookseller whose shares start trading on Neuer Markt Monday, will have difficulties challenging Amazon.com Inc. and Bertelsmann AG in the online market, analysts said.
Buch.de Friday priced its shares at 10 euros ($10.4) each, raising as much as 20 million euros. Norddeutsche Landesbank managed the offer. Buch.de joins rival Buecher.de, which sold shares in July on Frankfurt's technology and media index.
While Buch.de may rise on its debut -- Buecher.de more than doubled on its first trading day -- analysts said Buch.de's and Buecher.de's German roots won't be enough to overtake Amazon, the largest online book retailer, and Bertelsmann, the 41 percent owner of Barnesandnoble.com Inc. They're just too small.
``I'm very skeptical,' said Stefan Schiesser, an analyst at SGZ Bank in Frankfurt. ``They're hoping to be the market leader in their own backyard but the Internet isn't a German market.'
German bibliophiles are seen spending $640 million online by 2002, from just $25.2 million today. Buch.de hopes to capture 5 percent of that market, putting it third within three years.
Amazon's had a German site for over a year and offers shoppers free shipping, even on titles imported for the U.S. Instead of bringing its Barnesandnoble domain across the Atlantic, Bertelsmann this year introduced its own European sites under the Bertelsmann Online moniker, or www.bol.de.
``Nobody, even in Germany, has a chance against Amazon,' said Pierre Drach, an analyst at Independent Research GmbH in Frankfurt. Still, Drach recommended subscribing to the IPO because Buch.de may do better than Buecher.de, he said.
Sold at 19 euros apiece in July, Buecher.de shares soared as high as 88 euros in the first week of trading. Since then, they've slumped to 23.38 euros. The company last month said it posted a loss of 3 million deutsche marks ($1.6 million) in the first nine months on sales of 6.3 million marks as it raised marketing costs to compete with Amazon and Bertelsmann.
Buch.de may fare better. Its alliance with Douglas Holding AG's Phoenix-Montanus GmbH bookseller will allow it to buy its books at a 7 to 8 percent discount compared to rival Buecher.de, analysts calculate, adding that it's also got its own database and search engine while Buecher had to look to outside vendors.
``It's valued similarly to Buecher.de but we believe it'll grow faster,' said Drach, the analyst at Independent Research. ``They can break even with annual sales of 50 million marks whereas a buecher.de's going to need 70 to 80 million marks.'
The company's goal of a 5 percent market share would give the online neophyte annual sales of about 60 million marks.
Still, making money in the online book market would be a bestseller -- Amazon and Barnesandnoble are using red ink to print their results. Amazon said its third-quarter loss widened to $197.1 million from $45.2 million while Barnesandnoble lost $21.9 million in the quarter from $18.6 million a year earlier.
Nov/07/1999 10:30 >>
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SEATTLE--(BUSINESS WIRE)--Nov. 5, 1999--
Leading online retailer provides excellent selection and services from
five collectibles companies for Auctions and zShops customers
In time for the holiday shopping season, Amazon.com (Nasdaq:AMZN) and five leading collectibles companies are teaming up to bring customers an exciting offering of collectibles and memorabilia.
The arrangements include some of the largest, most respected companies in the fields of comics, sci-fi collectibles, trading cards, toy collectibles, coins, and music memorabilia.
Amazon.com's more than 13 million customers now have access to thousands of products and services from industry leaders TNCUniverse, Mile High Comics, Intergalactic Trading Company, VROOM (Official Catalog of Rock & Roll), and Certified Collectibles Group. Most of these companies' merchandise can be purchased on Amazon.com Auctions and zShops through Amazon.com Payments with 1-Click.
"Amazon.com is thrilled to be working with these collectible leaders to provide a wonderful customer shopping experience," said Joel Spiegel, vice president and general manager, Amazon.com. "These companies have earned impeccable reputations in the collecting community based on their unique and vast product selection and their commitment to excellent customer service."
"The e-commerce marketplace is the most efficient way for VROOM and music memorabilia customers to interact," said Jacques Vroom, founder of VROOM, the country's premier marketer of music memorabilia and merchandise. "We're excited about working with such a respected online retailer to spread the word about our unique products. Not only does Amazon.com have more customers than any other online retailer, it shares our passion for customers."
"This new arrangement is a fundamental shift in our ability to provide service and selection to collectors of comics," stated Chuck Rozanski, founder and owner of Mile High Comics, the largest comics retailer in North America. "By utilizing both zShops and Amazon.com Auctions, we can now market comics and other collectibles not only to the 100,000 comics fans who already rely upon us, but also to Amazon.com's more than 13 million customers."
About Intergalactic Trading Company
Intergalactic Trading Company Inc., located in Longwood, Florida, was founded in 1976 by Mike Kott and Suzanne Cornwell. Intergalactic has been the leading retailer in TV and movie science fiction collectibles over the past two decades. Kott and Cornwell are the authors of The Official Price Guides to Star Trek & Star Wars Collectibles, published by Random House, with more than 100,000 copies printed in four editions during the past 10 years. The price guide is available through Amazon.com.
Intergalactic Trading Company Inc. can be found on the Web at: zshops.amazon.com
About TNCUniverse
TNCUniverse.com (The National Collector, Inc.), located in Sarasota, Florida, was founded in 1988 by Douglas Sharpe. TNCUniverse.com takes pride in its leadership position in establishing markets in such popular collectibles as Pokemon, Beanie Babies, Barbie, Star Wars, Star Trek, Magic the Gathering CCG, McFarlane Toys, and much more.
TNCUniverse.com can be found on the Web at: zshops.amazon.com
About VROOM
VROOM.com (The Rock & Roll Group, LLC) located in Dallas, Texas, was founded by Jacques Vroom in 1996. VROOM, Official Catalog of Rock
Roll, is the premier marketer of music memorabilia and merchandise in the country. Amazon.com's relationship with VROOM gives Amazon customers access to millions of interesting and valuable pieces of rock-related merchandise and historical artifacts.
VROOM can be found on the Web at: zshops.amazon.com
About Mile High Comics
Mile High Comics is based in Denver, Colorado, and was founded by Chuck Rozanski in 1969. Mile High has six retail stores, and a very dynamic e-commerce operation based on its online inventory of seven million back-issue comics and its online new comics subscription division.
Mile High Comics can be found on the Web at: zshops.amazon.com
About Certified Collectibles Group
Certified Collectibles Group and Numismatic Guaranty Corporation is a group of companies focused on the impartial, independent, and expert certification and grading of collectibles. CCG companies include: Numismatic Guaranty Corporation of America (NGC), the leading grading company in rare coins, currently certifying more than 50,000 coins per month; Sportscard Guaranty LLC (SGC), which has seen remarkable growth and popularity in its first year of operation, growing to its current certification of more than 30,000 cards per month; and Comics Guaranty LLC (CGC), the first and only certification and grading service for comic books.
Certified Collectibles Group can be found on the Web at: sgccard.com
Numismatic Guaranty Corporation can be found on the Web at: ngccoin.com
About Amazon.com, Inc.
Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 video, and No. 1 book retailer. Amazon.com opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection with online auctions, toys, electronics, and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, and computer games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 13 million customers, and with Amazon.com Payments, any seller can accept credit-card transactions, avoiding the hassles of offline payments.
Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything.
Amazon.com operates two international Web sites: www.amazon.co.uk in the United Kingdom and www.amazon.de in Germany. Amazon.com also operates PlanetAll (www.planetall.com), a Web-based address book, calendar, and reminder service. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to the present. Amazon.com also operates Amazon.com LiveBid Auctions (http://livebid.amazon.com), the leading provider of live-event auctions on the Internet.
Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service, with operations in Seattle, Portland, Oregon, and Southern California, at www.homegrocer.com; and Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com. Amazon.com also has a minority interest in Della & James, the leading online wedding-gift registry, at www.dellajames.com.
This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risks of system interruption, management of potential growth, risks related to auction services, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999 and June 30, 1999.
CONTACT:
Golin/Harris for Amazon.com >>
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Kirkland, Washington, Nov. 5 (Bloomberg) -- HomeGrocer.com Inc., a closely held online grocer, named former Mirage Resorts Inc. executive Daniel Lee as its chief financial officer, effective Monday.
Lee, 43, resigned as chief financial officer of the third- largest U.S. casino company in September. The move followed a reported fallout with Mirage Chief Executive Stephen Wynn, a charge Lee denies. Lee worked at Mirage for almost eight years.
Lee will oversee HomeGrocer.com's financial functions, including the company's expansion into 20 cities next year. In September, the Bellevue, Washington-based company appointed former Citicorp Inc. and Federal Corp. executive Mary Alice Taylor as its chairman and chief executive.
Earlier this month, HomeGrocer.com said it received a $100 million investment from a group that includes No. 1 Internet retailer Amazon.com Inc., which in May paid $42.5 million for a 35 percent stake in the company.
The shares of Amazon.com rose 1 7/8 to 64 15/16 in Nasdaq trading.
Nov/05/1999 16:25 >>
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PHILADELPHIA--(BUSINESS WIRE)--Nov. 5, 1999--Pets.com CEO, Julie Wainwright, will be interviewed on RadioWallStreet Wednesday, November 3, 1999 at 3:00 PM EST, Investor Broadcast Network f/k/a Vcall Corporation announced.
The interview will discuss the company's strategic partnerships with Amazon.com Inc (NASDAQ:AMZN), America Online Inc. (NYSE:AOL), Excite@Home (NASDAQ:ATHM), PlanetOut Corporation, The Walt Disney Company (NYSE:DIS), and XOOM.com Inc. (NASDAQ:XMCM). Conducting the interview will be Steven Buchsbaum, Wall Street West Host with RadioWallStreet.
To access this RadioWallStreet broadcast, investors should go to radiowallstreet.com. If you are viewing this release after the day of the event, you will find this interview in the "All Recent Shows" section of the website.
RadioWallStreet is an Investor Broadcast Network service that broadcasts senior executive interviews, analyst roundtable discussions, seminars and other events of interest to the investment community. RadioWallStreet events are open to the investing public and may be heard over the Internet.
Questions for this RadioWallStreet event may be submitted in advance by e-mailing greg@vcall.com. Please reference date and time in the Subject of the e-mail. >>
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VANCOUVER, British Columbia--(BUSINESS WIRE)--Nov. 5, 1999-- (OTC BB:WIZZF) (VSE:WIZ)
WSi Interactive Corporation is pleased to announce that Mr. Mike Donald has been appointed to the Board of Directors of the Company. Mike Donald is co-founder of HomeGrocer.com, which is a neighborhood grocery shopping & delivery service available over the Internet and the fastest growing online grocer in the United States and Chairman and CEO of Concord National Inc., one of Canada's most successful food brokerage firms. HomeGrocer.com recently announced that it has secured $100 million in financing that will support its aggressive growth and expansion into 20 new locations during the next year. Lead investors in this private round of financing include Amazon.com (Nasdaq: AMZN), Kleiner Perkins Caufield & Byers, Hummer Winblad Venture Partners and The Barksdale Group.
Mike Donald is also Chairman of the executive board of the Canadian Food Brokers Association and an active member of the World Entrepreneurs Organization, an extension of the Young Entrepreneurs Organization.
WSi President, Theo Sanidas, is delighted with Mr. Donald's decision to join the Board. "We welcome Mike to WSi. With his proven leadership abilities, Mike will make a real contribution to the growth and development of WSi".
To receive information on WSi by e-mail or fax, please forward your Internet address / fax # to info@ws-i.com / fax: 604 687 4990.
*T To fax your request please complete the following
NAME: ----------------------------------------------
COMPANY: ----------------------------------------------
e-mail address: ----------------------------------------------
PHONE#: ----------------------------------------------
FAX#: ----------------------------------------------
Send by: E-mail or fax: yes / no. Or: e-mail only: yes / no >>
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NEW YORK, Nov. 5 /PRNewswire/ -- The American Stock Exchange(R) said today that it has received a no action letter from the Securities and Exchange Commission regarding short sales of Internet HOLDRs(SM) (Amex: HHH).
The Amex said the SEC letter granted an exemption from SEC Rule 10a-1 (the short sale rule) to permit short sales of Internet HOLDRs on a minus or zero-minus tick. In a circular, the Exchange emphasized that the Amex requires members effecting short sales for both customer and proprietary accounts to either make prior arrangements to borrow the securities or obtain acceptable assurances that prompt delivery can be made on the settlement date.
Internet HOLDRs(SM), which were listed on the Amex on September 23, represent investors' undivided beneficial ownership interest in each of 20 underlying Internet stocks. Investors may buy and sell the receipts in round lots of 100 shares, just as they would any stock. Investors may also cancel their depositary receipts, receiving the underlying shares, or request creation of additional depositary receipts by delivering to the trust the required underlying stock.
The 20 underlying stocks are Amazon.com (Nasdaq: AMZN), America Online (NYSE: AOL), Ameritrade Holding Corp. (Nasdaq: AMTD), At Home Corp. (Nasdaq: ATHM), CMGI (Nasdaq: CMGI), CNET (Nasdaq: CNET), DoubleClick (Nasdaq: DCLK), E*TRADE Group (Nasdaq: EGRP), Earthlink Network (Nasdaq: ELNK), eBay (Nasdaq: EBAY), Exodus Communications (Nasdaq: EXDS), Go2Net (Nasdaq: GNET), Inktomi Corp. (Nasdaq: INKT), Lycos (Nasdaq: LCOS), MindSpring Enterprises (Nasdaq: MSPG), Network Associates (Nasdaq: NETA), Priceline.com (Nasdaq: PCLN), PSINet (Nasdaq: PSIX), Real Networks (Nasdaq: RNWK), Yahoo! (Nasdaq: YHOO).
The American Stock Exchange(R) is a unit of The Nasdaq-Amex Market Group(SM), which also operates The Nasdaq Stock Market(R). The Nasdaq-Amex Market Group is a subsidiary of the National Association of Securities Dealers, Inc. (NASD(R)), the largest securities-industry, self-regulatory organization in the United States. The Amex has a significant presence in listed equity securities, in equity derivative securities, and in options. For more information about The Amex, visit amex.com.
SOURCE American Stock Exchange>>
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MINNEAPOLIS (AP) - Internet giant Amazon.com has made peace with a small feminist bookstore that has called itself Amazon since 1970, settling a lawsuit with an accord that will allow them both to keep using Amazon in their names.
The little shop had filed a lawsuit in April to stop Amazon.com from using the name, accusing the online colossus of trademark infringement and confusing customers.
Under the settlement announced Thursday, the bookstore agreed to refer to itself always by its full name of Amazon Bookstore Cooperative and assigned its rights to the Amazon name to Amazon.com. In return, the Internet company will license the Amazon name back to the Minneapolis store.
Other terms of the settlement were confidential.
Barb Wieser, president of Amazon Bookstore Cooperative, said the settlement will allow her 2,000-square-foot operation to focus on ``the products and services that only an independent bookstore like ours can provide.'
``This settlement allows an important, independent bookstore that has been a part of the strong tradition of independent bookstores in the Twin Cities of Minneapolis and St. Paul for the past 30 years to continue serving the local community and beyond using a name that is well known,' Amazon.com spokesman Bill Curry said in the release.
Last month, the bookstore's owners sought an order barring lawyers for Amazon.com from asking about their sexual orientation. Amazon.com said it wanted to demonstrate that the bookstore caters to lesbians, while the Internet company has a general-interest audience.
Seattle-based Amazon.com is the top online book, music and video retailer, with more than 15 million items available. Sales through the third quarter were $963.8 million. It claims a customer base of more than 13 million.
Amazon Bookstore Cooperative stocks about 25,000 titles and mails a newsletter to more than 2,500 people across the United States and in 11 other countries. While the shop never registered Amazon as a trademark, it claimed common-law ownership of the name through longtime use.
AP-NY-11-05-99 0113EST>>
<<PALO ALTO, Calif. (AP) - Hewlett-Packard Co. on Thursday provided a glimpse of a world in which the Internet plays an even more critical role in everyday life than today.
Previewing devices that highlight the idea of getting information on the go, the company most known for its printers and desktop computers hopes in the near future to expand its offerings into everything from digital cameras to wireless computing devices to computer memory, said Dick Lampman, director of HP's Palo Alto technology research laboratory.
``Pervasive computing - the concept that computers in the future will be as inextricably woven into our daily lives as electricity is today - is an idea whose time is coming very, very rapidly,' Lampman said.
The company has spent nearly six years working on devices that will allow consumers to access the Web from wherever they may be - at home, in a car, waiting for a bus - to help them keep track of information uniquely critical to them.
Researchers showed off a prototype flat-screen touchpad panel that could operate on radio frequency waves from a desktop. The panel could use the desktop's operating system remotely - and while someone is physically working at the computer - as a second portable computer.
The company estimates such a panel if offered today would sell for $1,000 to $2,000 - a price it currently deems too high to attract a following large enough to justify production.
``We could build this now, but the idea is to aim for something you could offer that would be bought at a competitive price,' said researcher Ian Robinson. He said rapidly falling prices could bring the system to market within a year.
The company also hopes to break into the billion-dollar market for computer memory, announcing it a working prototype for a random access memory, or RAM, chip based on magnetic technology. Such a chip could become a cheaper competitor to memory chips on the market, which operate on a different technology and are rising rapidly in price because of a short-term shortage.
Hewlett-Packard also is following in the footsteps of other companies hoping to bring to market within a few years tiny memory chips capable of providing more than a gigabyte of memory - one of the key stumbling blocks to wholesale acceptance of wireless technology that allows people to download large blocks of data off the Web from wherever they are.
Much of the new technology, however, would incorporate devices that track their user - everything from how fast they are walking or driving in a car to where they are at a given moment and how often he or she downloads particular information.
There has been a growing debate about the loss of privacy that pervasive computing is bringing.
Earlier this week, the company behind wildly popular software for listening to music on computers, RealNetworks Inc., apologized to consumers amid complaints that its program secretly collected details about the listening preferences of millions of its customers.
E-commerce companies such as Amazon.com routinely hold information about what a customer orders - information that could prove lucrative should it ever decide to sell it to marketers - and businesses increasingly are buying software to track what their employees do with their computers and write on their e-mails.
New devices planned by Hewlett-Packard and others are likely to raise red flags with privacy advocacy groups and further the debate on whether there should be new federal and state guidelines on how far individual behavior can be tracked.
For now, HP researcher Gene Becker said his company is more concerned with the technological issues surrounding embedded computing.
``We'll leave the social ramifications up to someone else,' he said.
AP-NY-11-05-99 0106EST>>
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London, Nov. 4 (Bloomberg) -- Amazon.com Inc., the top Internet retailer, said it started auction services and shopping malls on its U.K. and German Web sites, in time for an expected increase in online shopping by Europeans this Christmas.
Amazon.com, which started selling music in Europe last week, said U.K. and German companies can list items on zShops, an area on its Web site. U.K. and German consumers can also sell their goods on the auction sites. Goods can be sold to any of Amazon.com's 13 million worldwide users.
The services extend into Europe founder Jeff Bezos's strategy of selling merchandise without the cost of carrying inventory. Online shopping is expected to increase to $2.9 billion in the U.K. and Germany in 2002 from $150 million last year. ZShop vendors will sell everything from furniture to golf clubs. Auctioned items include a 100-year-old letter written by Winston Churchill and Monty Python videos signed by Michael Palin.
``We'll gradually increase what we sell on our sites in Europe to resemble what we have in the U.S.' said Chief Executive Bezos, in an interview. ``Europe, with its dense population centers, could represent a bigger market for us than the U.S. in some years.'
The Seattle-based company sells products such as toys, games and electronics on its U.S. site. It also provides free downloadable music.
Bezos said Amazon.com was developing the technology so that its sites could be accessed using mobile phones and handheld computers in a few years time.
Transaction Fee
European merchants would not be charged a listing or subscription fee, at least initially, for entering as many as 3,000 items each on zShops. Instead, sellers will be charged a transaction fee between 1.25 percent and 5 percent of the value of the item sold.
``Those who took up free Internet access in the U.K. over the past year are now ready to shop online,' said Neil Bradford, director at Fletcher Research Ltd. ``The U.K. wasn't ready for an e-Christmas last year.'
He said companies such as Amazon.com, which have a strong brand name and the infrastructure to handle the logistics of delivering goods ordered online, were in the best position to benefit from the increase in online spending.
Amazon.com faces competition from Yahoo! Inc., which also plans to start an online shopping mall service in the U.K. to add to recently started auctions, by the end of the year. For auctions, Amazon.com faces local competitors such as QXL Ltd. and Freeserve Plc as well as top online auction company, eBay Inc.
Amazon.com shares fell 2 3/4 to 63 1/16.
Nov/04/1999 17:14 >>
What else do you want to talk about on Amzn, do you want me to post more Amzn PR? |
