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

To: Gary Korn who wrote (3154)	4/19/1998 7:08:00 PM
From: Glenn D. Rudolph	Respond to of 164684

Here is an interesting snippet from an article in Business Week last fall. ''DROP-SHIPPING.'' Lee Synnott, vice-chairman of Ingram Book, seems unperturbed by Amazon's plans to self-distribute. He expects any loss of volume to be more than offset by Ingram's increasing business with other online vendors. Although online sales will probably account for no more than $250 million of the $20 billion in total U.S. book sales in 1997, they have been rising at a double-digit clip month after month. ''This market is growing very rapidly, and I see no reason why that won't continue for a long time,'' Synnott says. ''Books are being sold over the Internet to people who don't even go into bookstores.' ' If all the online book stores are to share the projected $250 million dollar market, how will any of them make money? Glenn