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To: xstuckey who wrote (82884)	1/8/2000 9:35:00 PM
From: KyrosL	Read Replies (1) \| Respond to of 86076

X, Wal-Mart is creating a separate web company jointly owned with a bay area VC. Eventually they will have a stock IPO, just like Amazon, with the majority owned by Wal-Mart. It will have the Wal-Mart brand and presumably access to Wal-Mart brick and mortar infrastructure and buying power. This way the brick and mortar Wal-Mart won't be affected by dot com Wal-Mart's financial performance. Barnes & Noble did exactly the same thing. Brick and mortars may be slow but they are not dumb. This model of an independent dot com, affiliated with the brick and mortar, and having its own stock and all the benefits that derive from it, like no need for profit, is starting to catch on. Within a couple of years, most of the pure dot coms may be toast, because of this, IMO.