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


To: John May who wrote (889)11/29/1997 8:27:00 AM
From: dmccoach  Read Replies (1) | Respond to of 164684
 
"Internet bookselling is
big business today and will be even bigger - a $10 billion business in 2000. So far
BKS, the grandaddy of B&M (bricks & mortor) is having considerable difficulty
competing with AMZN"

How do you know AMZN will be $10 billion and what proof do you have then BKS is having ifficulty competing?

Sincerely,
Dan



To: John May who wrote (889)11/30/1997 12:58:00 PM
From: Joan Osland Graffius  Respond to of 164684
 
John, >>your consultant needs to wake up and smell the coffee. Internet bookselling is big business today and will be even bigger

First of all I did not say this person was a consultant. I attended a workshop given be Merrill Lynch who had assembled experts in the Internet feild and were giving us some of their ideas on investing in this area. The boys from our top business schools (MIT, Harvard and Yale) were sharing their information and not one claimed he/she could see in the future. Now I was just sharing information and they felt the comanies with bricks and mortar were going to be successful in the book sector because the internet was a good extension of this business. They did not believe Amazon.com was going to be successful for a number of reasons including, cost of distribution, cost of product (buying power), cost of inventory, etc.

Time will tell and I can not see in the future either.

>> - a $10 billion business in 2000. So far BKS, the grandaddy of B&M (bricks & mortor) is having considerable difficulty competing with AMZN. He apparently has his concepts confused.

Please give us your source for this statement.

Joan



To: John May who wrote (889)12/1/1997 6:28:00 PM
From: Don Westermeyer  Read Replies (1) | Respond to of 164684
 
John,

This consultant is not foolish or alone in his opinion. In fact several analysts suggest that AMZN will eventually get into the 'bricks and mortor' business if it wants to survive.

Really it's all about sales and margins. AMZN is doing very well on it's internet sales growth, but terrible on the margin part.

Also other bookstores have not aggressively gone after this market yet, but will probably begin to do so shortly and cutting into AMZN's growth.



To: John May who wrote (889)12/2/1997 8:31:00 PM
From: Thomas Kirwin  Respond to of 164684
 
Amazon.com and BookMatch Association Agreement

Amazon.com is pleased to have BookMatch in the family of Amazon.com
associates. We've agreed to ship books and provide customer service for orders we receive through special links on BookMatch Online.

We encourage you to visit the BookMatch web site often to receive your
Personalized Reading List and to review the books they've recommended for you.

Thank You for shopping with an Amazon.com associate.

Sincerely,

Jeff Bezos

President
Amazon.com

P.S. We guarantee you the same high level of customer service you would receive at Amazon.com. If you have a question about an order, please don't hesitate to contact us.

bookmatchonline.com