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


To: John May who wrote (830)11/20/1997 10:34:00 PM
From: zTrader_77  Read Replies (2) | Respond to of 164684
 
Off the Fool board:

Post Lock-up Insider sales at AMZN (per Form 144 filings):

Date Name Shares

Nov20 Jr Credit Trust 582,527 shares
Nov20 Tom Alberg, Director 20,000 shares
Nov19 Gary Furukawa 150,000 shares

In the absence of another well orchestrated press release, AMZN will drift lower IMHO.



To: John May who wrote (830)11/20/1997 10:40:00 PM
From: Don Westermeyer  Respond to of 164684
 
John,

BKS' problem IS their website. I certainly agree that thing is not successful, but their web interface is the only reason. If they put a few million $$ into some fast servers and use AMZN interface as a model they will do significantly better. They are capable of offering a lot better prices then AMZN also. I doubt BKS will give up so easily. BKS said just last month they were going to aggresively go after the internet market. We will know in the next few months.

Don



To: John May who wrote (830)11/20/1997 10:43:00 PM
From: Candle stick  Respond to of 164684
 
Sooner or later they may tire of having egg all over their face and retreat to more familiar turf, leaving internet commerce to those who understand it.

Why would they abandon their internet site? That makes no sense...it cost a lousy 15 million dollars to set up and they have 1.4 billion in sales last year........chump change.....BKS, BGP and several others will all be pounding down the door after AMZN and they will sell books at COST if they have too because THEY CAN....they sell billions of dollars worth of books from the Superstores.......AMZN did 90 million in sales and is going to be CRUSHED by those that can afford to use the internet as a LOSS LEADER.....its great advertising (very cheap) for the old brick and mortar stores.......get it?..........;^)

Short AMZN again and loving every second of it....best of luck.....;^)