To: Mark Myword who wrote (5493 ) 6/11/1998 8:01:00 AM From: Glenn D. Rudolph Respond to of 164684
, and I know this sounds redundant, but Barnes & Noble is already very big in music , and I can't imagine them ignoring this category too. The stores in my area have a very wide selection , and cover all tastes in music. They can ditto that on the net in no time. B & K in my area has the best selection of music. They even have classical which Amazon does not have as of yet. I am not sure why. Borders already has music and videos on their site. I know they rushed their site development to market so I feel their site needs improvement but they will have it in order by summer's end. , and I know this sounds redundant, but Barnes & Noble is already very big in music , and I can't imagine them ignoring this category too. The stores in my area have a very wide selection , and cover all tastes in music. They can ditto that on the net in no time. I am no longer sure there are many "investors" in Amazon. Just momentum players. It is my opinion chapter 11 is inevitable. One of the largest annoyances tome is the analysts commenting on the quality of Amazon's management. None of these people ever did anything in retail. They clearly cannot turn a profit in the retail sector. They are good investment bankers and have success in the investing community. This will work until there is no more equity to be had from the investing community. Thus far, three of the managing officers have sold some of their option shares for more than $5 million each. Yet, they have not turned a profit for the company. This money has come from the IPO and junk bond. The last ones holding the bag will be the long share holders that do not know enough to get out. The management will walk away millionaires and will have received thousands of dollars from each investor. That is where their millions will have come from. I suppose we could call management smart if smart is bilking the small investor for millions. Glenn