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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (28981)	6/12/1998 11:08:00 AM
From: Kerry Phineas	Read Replies (1) \| Respond to of 132070

MB, imo the internet stocks are about to turn down. Of course I could be wrong; who knows with these stocks. AMZN's fundamental news was that they would start selling cd's on the internet, which somehow translated into a 40% rise. With this co., the more they sell, the more they lose; correct me if I'm wrong, but don't they give 15% per sale to other sites if a customer comes to them from the other site? I don't see how a company with this kind of strategy can ever achieve profitability without alienating their partners., which of course would have somewhat negative consequences.