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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Bill Ounce who wrote (47351)6/26/2000 9:39:00 AM
From: Bill Ounce  Read Replies (1) | Respond to of 94695
 
USA Today: dot com gloom

usatoday.com

excerpt:

Amazon.com (AMZN), one of the last pillars of strength among e-retailers
and a bellwether for the industry, saw its shares dive $8.13 to $33.88
Friday, or 19%. That caused some investors to wonder if Internet retailing as
a stand-alone business was a bad idea from the start. Renewed fears over
the cash-burning e-retailer's slowing revenue growth and huge debt
burden has some thinking online selling will be stolen away by
bricks-and-mortar rivals over time.

[...]