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


To: Rob S. who wrote (9200)7/7/1998 12:22:00 PM
From: umbro  Read Replies (1) | Respond to of 164684
 
Crown (CRWN) looks good as a trade, but keep in mind it is a
marginal business that appears to be going into new mgt. hands.
I remember there was some news on this recently, but not the
specifics. I'd rather go with a bookstore with better fundamentals
(ie, that's making money). Actually, I think reselling books
is a pretty awful business (80% cost of goods sold).

I looked up the suppliers to AMZN mentioned in their SEC reports,
but both companies were private. They looked to me like the big
winners in this deal. Fedex is a close second, and a lot of people
seem to be coming to this conclusion just now (a little late, but
maybe not too late). The low fuel costs, work in FDX's favor, though
apparently the Asia slow down has hurt their biz. somewhat.