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


To: Alomex who wrote (123507)4/11/2001 1:13:36 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 164684
 
alomex, it sounded to me like amzn will run distribution and borders cutting 70 jobs. did i misunderstand?



To: Alomex who wrote (123507)4/11/2001 1:24:47 PM
From: Olu Emuleomo  Read Replies (2) | Respond to of 164684
 
>>>IMHO this deal is extremely one sided in favour of Borders,<<<

Doesnt sound like AMZN is going bankrupt any time soon!

--Olu E.



To: Alomex who wrote (123507)4/11/2001 4:19:41 PM
From: Ted The Technician  Read Replies (1) | Respond to of 164684
 
Alomex, according to thestreet.com

Under Wednesday's arrangement, Amazon will operate Borders' Web site, which generated a tiny $27 million in revenue in the last year. (Amazon's 2000 revenue in its core books, music and video business was $1.7 billion.) Amazon will get commissions for operating Borders.com and the Amazon brand name will be promoted in Borders shops.



To: Alomex who wrote (123507)4/12/2001 2:46:07 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
The deal makes little sense to me. We are going to have to co-branded book and music sites on one sight so to speak. I would have thought Borders folding the on-line unit completely would have made more sense. This is fun to watch.