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

To: Ted The Technician who wrote (143393)	6/26/2002 12:59:41 AM
From: GST	Respond to of 164687

"how do these corporate cockroaches look like?" They are most active when engineering financial statements that fool people long enough for them to take the money and run -- they seem to be everywhere.

To: Ted The Technician who wrote (143393)	6/26/2002 2:03:13 PM
From: Ted The Technician	Read Replies (1) \| Respond to of 164687

Book revenue at Buy.com Inc. jumped 800% above the company's prior 30-day daily average, 24 hours after it cut prices on all its books to 10% below those of rival Amazon.com. It appears that Buy.com is grabbing significant market share at the expense of its competitors. It is gaining price-sensitive customers. I don't see Buy.com advertising much - just via press releases. Does it use viral marketing techniques? It must have a low-cost, low-advertising expense, business model. If AMZN doesn't lower its prices, I see it losing many of its price-sensitive customers and consequently a significant chunk of its revenues. Buy.com is not known for discount books in many people's minds. It is better known for electronics. It'll be a surprising marketing achievement if it can gain significant marketshare without going bankrupt. Here is a comparison of the current prices for Harry Potter's Sorcerer's Stone (Hardcover): Barnes And Noble: $16 Border's / Amazon: $14 Buy.com: $12