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


To: Glenn D. Rudolph who wrote (107257)8/18/2000 11:40:06 AM
From: H James Morris  Respond to of 164684
 
Glenn, even traditional retailers wished they'd never have invested in e-tailing.
Btw
I believe Wall Street is betting that Amzn will be the only e-tailer left.
>Nordstrom, which operates 113 stores in 23 states, wrote down a $10.5 million charge - 5 cents per share in the second quarter - on a 1998 investment of $33 million in online grocer Streamline.com. That investment's value had fallen to $22.3 million as of July 31 and to $15.2 million this week, meaning the company likely will take a charge on it in the third quarter as well.