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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Rick C. who wrote (110255)	7/29/2000 11:44:25 PM
From: tangoexotica	Read Replies (1) \| Respond to of 120523

Watch for any fallout on Amazon from the debacle of this weekend. Their pricing glitch hit the freebie boards and thousands of people ordered thousands and thousands of dollars of toys at below cost. For example, the remote control Sea Wolf was going for 3.99 and their normal selling price is mid 100's at Amazon. These two little gems were going for 2.99 amazon.com amazon.com They have started shipping the orders (meaning people have started getting the UPS tracking number). On one hand they are going to lose ALOT of money on this. On the other hand, they may get some good will out of it. Of course they could pull a buy.com and send threatening letters to the consumer AFTER the merchandise had been delivered and the consumers were using the products. If you want to see some of the products that were sold go take a look at the bestsellers in the Toy department. :-) Sorry, parents...the deal is dead now. Some people stayed up all night long ordering discounted toys from Amazon with plans to sell them on Ebay.