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

To: Glenn D. Rudolph who wrote (146170)	8/26/2002 9:28:48 AM
From: Bill Harmond	Read Replies (1) \| Respond to of 164687

Amazon's lowering free shipping to $25 orders.

To: Glenn D. Rudolph who wrote (146170)	8/26/2002 11:05:10 PM
From: Bill Harmond	Read Replies (2) \| Respond to of 164687

15:31 ET AMZN Amazon.com free shipping move viewed as positive event (14.96 -0.21) -- Update -- Goldman Sachs believes that AMZN's move to lower its free shipping threshold to $25 orders from $49 is a positive event; move indicates that their qtr is likely tracking to plan, it eliminates one of the most significant barriers to buying online (shipping charges), and shows that the co's low-cost model can offer better value to customers and serve as a very strong competitive advantage. Separately, Merrill Lynch says the move could actually reflect strength in the qtr, although the program is likely to have a negative impact on operating profit in the near-term.