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


To: Bilow who wrote (835)11/21/1997 10:57:00 AM
From: Candle stick  Read Replies (1) | Respond to of 164684
 
AMAZON.COM ANNOUNCES NEW DEEPER DISCOUNTS

30% Off Audiobooks, 20% Off Calendars, Up To 89% Off Value Books

SEATTLE, Nov. 21 /PRNewswire/ -- Effective today, Amazon.com, Inc.
(Nasdaq: AMZN), Earth's Biggest Bookstore, is deeply discounting
virtually all audiobooks (more than 30,000 audiobooks) as well as
virtually all 1998 calendars in all categories (more than 1,000
calendars). The discount on audiobooks is 30 percent, and the calendar
discount is 20 percent. Audiobooks and calendars round out holiday
gift-giving, and customers will appreciate the new savings. In
addition, book lovers looking to spend less will love Amazon.com's new
special value editions, with discounts of up to 89 percent.

These new discounts are in addition to Amazon.com's already low
everyday prices of up to 40 percent off on 400,000 books in its catalog
of 2.5 million titles.



Expensive and Rare Books

For those looking to give a truly exceptional gift, Amazon.com
today introduces a selection of exceedingly rare gift books, including
a first edition of Thomas Hardy's classic, Tess of the D'Urbervilles
($10,000.00), and a handwritten letter by Thomas Jefferson ($34,
000.00).

"We're absolutely committed to providing our customers with exceptional
values on an exceptional selection of books. We now offer great books
for as little as $5.00 and as much as $50,000.00. These new discounts
and our expanded selection are simply additional steps to deliver the
best shopping experience to our customers," said Jeff Bezos, Amazon.com
founder and CEO.

These discounts and features complement the earlier launch of
Amazon.com's holiday Gift Center, a powerful recommendation service
that includes thousands of gift ideas from Amazon.com's editors,
dynamic new personalized gift- matching services (specialized for both
adults and children), gift certificates, and much more.

Amazon.com Inc., Earth's Biggest Bookstore, is the leading online
retailer of books and is the premier bookseller on AOL.com, Yahoo!,
Netscape, Excite, the AltaVista Search Service, @Home Network, and the
Prodigy Shopping Network. Amazon.com offers a catalog of 2.5 million
titles, easy-to-use search and browse features, e-mail services,
personalized shopping services, secure Web- based credit card payment,
and direct shipping to customers. Amazon.com has virtually unlimited
online shelf space and offers customers a vast selection through an
efficient search-and-retrieval interface, as well as streamlined
ordering through 1-Click(SM) technology.

Amazon.com is headquartered at 1516 Second Avenue, Seattle, WA 98101.
Internet address: amazon.com. Telephone 206-622-2335.

This announcement contains forward-looking statements that involve
risks and uncertainties, and actual results may differ materially from
predicted results. Potential risks and uncertainties include, among
others, Amazon.com's limited operating history, the unpredictability of
its future revenues, and risks associated with capacity constraints and
management of growth. More information about factors that potentially
could affect Amazon.com's financial results is included in the
company's final prospectus, dated May 15, 1997, as well as the
company's Form 10Q for the third quarter ended September 30, 1997, both
filed with the Securities and Exchange Commission.

Amazon.com, Earth's Biggest Bookstore, and 1-Click are service marks of
Amazon.com, Inc. All other names are trademarks and/or registered
trademarks of their respective owners.

SOURCE Amazon.com, Inc.

-0- 11/21/97 /CONTACT: Beth Garson of
Amazon.com, 206-694-2105, or bgarson@amazon.com/

/Company News On-Call: prnewswire.com or fax, 800-758-5804,
ext. 121176/

/Web site: amazon.com (AMZN)

CO: Amazon.com, Inc. ST: Washington IN: REA MLM SU: PDT

......the price war continues....I guess its like the old joke about the salesman who sells his products below cost and he is asked how he can make a profit........he says he will make it up on volume....;^)