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


To: Mark L who wrote (6881)6/20/1998 5:02:00 PM
From: F The  Read Replies (2) | Respond to of 164684
 
>>I have bought books from Amazon in the past and have been satisfied with the service.... but I'm sure Border's can also handle the terribly difficult task of dropping a book in the mail...the stock is worth every penny of $10/share<<

Well, Mark, What AMZN can do, others can and what happens to you, it will happen to others. As many have said, there is no loyalty in term of book buying. They go to whichever fit their needs and satisfactions.

Felicia



To: Mark L who wrote (6881)6/20/1998 5:03:00 PM
From: F The  Read Replies (1) | Respond to of 164684
 
From Barron.
A P.S. to last week's little note on Amazon.com, with help from a kind reader who materialized on our doorstep late Friday.

We neglected to point out that the company, which even its rabid fans acknowledge won't be profitable for at least a few years, has a market cap of $3.7 billion and is selling at 25 times sales. By contrast, Barnes & Noble, which is solidly in the black, has a market cap of $2.3 billion and is selling at 0.8 times sales.

What makes those Amazon numbers even more wacky is that total U.S. demand for books was up a meager 2.2% in '97 and is negative so far this year.




To: Mark L who wrote (6881)6/20/1998 8:37:00 PM
From: slipnsip  Respond to of 164684
 
Computer literate brother Inlaw stopped over tonight.. I had to ask him if he was familiar with AMZN.. I figured he was.. Come to find out he was planning on making a purchase next week just to try it out.. Here is the punch line...

He has been wondering when the other book sellers were going to jump in.. He was shocked that it took Barnes so long to get on the ship.. To be fair he did say a month or so ago that a friend placed an order with Barnes and it got screwed up. They never charged his credit card or shipped the merchandise.. As we know anything could have happened including error on the part of the orderer. But anyway, while he thinks of books online, he thinks of Amazon first, he is very aware that others are joining the online ranks and he will check them out as well first before ordering.. Power of the web.. Easy shopping..

Synopsis: AMZN first.. Best known. Barnes is becoming as well known, but only around for a couple months. Only started advertising recently.. AMZN will have its lunch eaten.. Ba BYE



To: Mark L who wrote (6881)6/20/1998 10:09:00 PM
From: Gary Wisdom  Read Replies (2) | Respond to of 164684
 
Re: Amazon v. Borders

I too decided to buy a book online today for the first time.

Electronic Day Trader (recommended by thestreet.com)

Amazon price: $20.97
Borders price: $34.95

Both add $3.95 for shipping.

Guess I'm still glad I'm long the stock. 40% cheaper for the book.

Making money buying the book and the stock.