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

To: Chi Pan who wrote (3657)	4/29/1998 4:38:00 PM
From: Tom D	Read Replies (2) \| Respond to of 164684

Total Book Market in 1996 is $80 Billion. AMZN will be selling books, videos, music CD's, probably computer software (my guess), and who knows what else by then (airline tickets, computer hardware, other electronics). Tom D

To: Chi Pan who wrote (3657)	4/29/1998 4:41:00 PM
From: Gary Korn	Respond to of 164684

What is the total book market worth anyway? U.S. book market is about $20B annually. I read on this thread that the total worldwide book market is some $80B annually. Gary Korn

To: Chi Pan who wrote (3657)	4/29/1998 5:26:00 PM
From: Oeconomicus	Read Replies (1) \| Respond to of 164684

What is the total book market worth anyway? CP, somewhere back in the Dec/Jan posts we came up with a global book market of eighty or ninety billion dollars I think. Add a little (very little) growth and figure maybe $100 billion by 2003. Amazon would need 10% of the GLOBAL market to reach $10 billion of book sales. To be fair though, since they might sell a billion dollars worth of music by then, they could probably get by with only 9% of the global book market. Sounds like a nobrainer, eh?<G> Bob