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


To: Glenn D. Rudolph who wrote (135436)12/6/2001 9:40:24 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
Not enough scale. You need to ramp up, and more secular growth. Before you morph.;)



To: Glenn D. Rudolph who wrote (135436)12/7/2001 11:21:25 AM
From: H James Morris  Read Replies (4) | Respond to of 164684
 
Glenn, I'm confused. If AOL competes with Amzn why would AOL invest $100 million in Amazon.com?
Curious minds want to know.
>Online malls press Amazon.com

Shopping areas created by AOL Time Warner's (AOL: news, chart, profile) America Online, Yahoo (YHOO: news, chart, profile) and Microsoft's (MSFT: news, chart, profile) MSN are giving online department store including Amazon.com competition this holiday season. "In sheer size of shopping visits, (the) shopping aggregators) are neck-and-neck in attracting consumers," said Lisa Strand, chief analyst for Nielsen/NetRatings (NTRT: news, chart, profile). She credited the aggregators' ability to offer visitors a combination of comparison pricing with one-site convenience. Strand said the number of visits to e-commerce sites the week after Thanksgiving was 117 million, a 59 percent gain from the same week last year. "This growth puts shopping activity right on par with last year's results, which jumped 62 percent for the same week in 2000," Strand said.