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

To: MR. PANAMA (I am a PLAYER) who wrote (3587)	4/28/1998 5:46:00 PM
From: Candle stick	Respond to of 164684

Amazon.com is now worth MORE than Barnes and Noble. AMZN market cap as of close today is 2.339 Billion dollars and BKS market cap as of close today is 2.329 Billion dollars. AMZN sales last year = 147 million BKS sales last year = 2.7 billion AMZN profits = ZERO , Losses (1.17/share) BKS Profits = .93 cents profit BKS now has worlds largest inventory ready to ship in 24 hours. BKS prices are cheaper. BKS is online at barnesandnoble.com What is wrong with this picture. Why is AMZN worth more than a company that sells 18.3 times as many books and makes a profit? I leave you to figure that out. P.S. Book value for AMZN is 18 million dollars.

To: MR. PANAMA (I am a PLAYER) who wrote (3587)	4/28/1998 10:42:00 PM
From: Ed Zhao	Respond to of 164684

B&NOBLE IS like CPQ and AMZN is like DELL...both great companies but which has the leanest total business model....no clues on this one. Except selling book is not exactly a growth industry. Image that, by the end of this year, AMZN is doing at a rate of $250 million per quarter (assuming extra volume increase due to holidays). This got to eat into B&N's sale noticably. Now what B&N management will have to do. The spend a lot of money build the their website and promoting it. But sale from their website is nowhere near the $500/year capacity. It appeared that the only thing B&N can do is to reduce price by 10% across the board. So the best way to play it is to short all three stocks: AMZN, BKS, BRG XZ