SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Alomex who wrote (119388)3/5/2001 8:11:52 PM
From: Alomex  Read Replies (2) | Respond to of 164684
 
A few hours ago I wrote:

My pet theory is that *if* the rumor has any truth to it, it is not a sure thing and it was leaked by one of the parties to put pressure on the other. Alternatively it might have been leaked accidentally by an overly optimistic executive who called it a done deal when in reality it still needs four more weeks of DD and possibly approval from the board (both Walmart's and Amazon's).

Cnet has just posted the following update:

update Struggling e-tailer Amazon.com and offline retail giant Wal-Mart are in "philosophical" discussions to create a partnership, according to a source close to the companies.

Although details are "not a reality" at the moment, the source said, the two companies are pondering the effect a deal might have on the capital markets and the companies' cultures.


yahoofin.cnet.com