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

To: Glenn D. Rudolph who wrote (3804)	5/4/1998 1:24:00 AM
From: Tie Zeng	Read Replies (2) \| Respond to of 164684

Tie, The big picture is the "big boys" will put AMZN out of business. B&N could care less if the book is sold on the net or in the store. Depending upon customer preference, B&N along with Borders will adjust. Glenn I am not sure if the "big boys" can put AMZN out of business in a long long time. As someone pointed out, AMZN's market cap is close to B&N. Take advantage of this wisely, AMZN will have lots of money to last a long while even if they keep losing money on their business. AOL is a good example. B&N do have to care if their retail stores are not selling as much books. Their stores are very expansive to keep and need to sell lots of books to just break even. I believe sooner or later they have to close some of their stores and take a charge. Poeple don't buy more books because of the online bookstores. But online book sales are growing very fast. The other way to say it is the retail stores are losing sales rapidly. Sooner or later, some of the retail stores have to be closed. Tie