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

To: John May who wrote (928)	12/5/1997 11:49:00 PM
From: zTrader_77	Read Replies (1) \| Respond to of 164684

ATHM looks interesting. I still have not found the article i read that talks about the company that is going to sell books at cost. I don't think it was www.books.com. In the article it explained how this company was like COSTCO (COST) and made all it's money from membership fees. But here is an article of interest from Bloomberg. New York, Nov. 15 (Bloomberg) -- Amazon.com Inc. isn't recommended by some analysts because the Internet book retailer faces tough competition from Barnes & Noble Inc., Borders Group Inc. and CUC International Inc., Barron's reported in its ''Up and Down Wall Street'' column. Barnes & Noble and Borders, for example, can challenge the Internet-based bookseller with their financial strength to offer large discounts and back their Internet efforts with marketing and advertising. Meanwhile, some analysts recommended Novell Inc., a network software provider, because its new chief executive was recruited from Sun Microsystems Inc., it's getting rid of unprofitable parts of its business and it's expected to report a profit in its fiscal 1998, ending in October, the paper said. Barnes & Noble introduced its online book-selling site in May while Borders plans to launch its site in January. (Barron's 11/17 5) Taken from yahoo finance: CU is a membership-based consumer service company, providing consumers access to services such as shopping, travel, home improvement, credit card packages and coupon programs. CU also offers consumer software in various multimedia forms. For the six months ended 7/31/97, revenues rose 21% to $1.3 billion. Net income rose 76% to $162.8 million. Results reflect a larger membership base and higher average fees collected, and improved margins from lower marketing costs.