Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Jill who wrote (35616)	4/10/2001 2:22:20 PM
From: davidcarrsmith	Respond to of 65232

Isn't it great! Been comparison shopping on net for over a year. Dave

To: Jill who wrote (35616)	4/11/2001 12:14:56 AM
From: stockman_scott	Read Replies (2) \| Respond to of 65232

WSJ: Amazon to Take Over Borders Online Tuesday April 10, 11:42 pm Eastern Time <<NEW YORK (Reuters) - Amazon.com will take over the online book-selling operations of rival Borders Group Inc. as the latter exits the business segment, the Wall Street Journal online edition reported on Tuesday, quoting sources. Earlier, Amazon had said it would announce a partnership with another company on Wednesday but did not disclose the name. Reuters could not reach Borders officials for comment. Amazon founder and Chief Executive Officer Jeff Bezos will hold a news conference in New York Wednesday morning to make ``a company announcement,'' said an advisory sent to news agencies. The Wall Street Journal said Amazon is expected to receive promotion from Borders through its chain of book stores. In a recent earnings forecast, Amazon disclosed that revenues from its books, music and video division showed only a very slight gain in the latest quarter, even though gross margins were up sharply. The disparity in the numbers led to speculation that the company was actually losing market share in the books category. Borders has had troubles of its own, including a steep decline in profits company-wide in the latest quarter, and continued losses at its Borders.com division. Last month the company said it was exploring partnerships to help reduce its costs.>>