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


To: Eric D. Moody who wrote (14151)8/20/1998 10:34:00 AM
From: Brent D. Beal  Read Replies (2) | Respond to of 164684
 
I am short Amazon for a number of reasons. I frequently buy books online and since I'm short Amazon, I attempted to use barnesandnoble as of late. Disappointingly, of the last five separate buying excursions, I've had to return to Amazon and by the books due three times due to the following reasons: 1) errors on pricing (they wanted to charge me 345.00 for a book that should have been listed at $34.50--I've never had a pricing problem at Amazon in the two years I purchased books from them), 2) I kept getting errors and couldn't get to the screen to buy the books--no problems at Amazon, however, and 3) I couldn't find the books I wanted, but Amazon had them.

Am I just unlucky, or is Amazon just doing a better job?

Anybody else had the same experience?

I'm seriously thinking about getting out of my short.



To: Eric D. Moody who wrote (14151)8/20/1998 10:47:00 AM
From: Tom D  Respond to of 164684
 
The spinoff....

Is there anybody out there who thinks that BKS $12 M in sales was good? They advertised heavily during Q2. IMHO it is pathetic. The stock went up because the BKS shareholders will be happy to get rid of the doomed online venture. Also, like the other "internet" stocks, the IPO will probably go very well and the BarnesandNoble.com will get a nice market cap. As somebody who is long AMZN, it is great news. AMZN kicked BKS.com's butt in Q2.

Best Regards,
Tom D




To: Eric D. Moody who wrote (14151)8/20/1998 10:51:00 AM
From: Rob S.  Read Replies (1) | Respond to of 164684
 
Or it could be that they want to take advantage of the huge run-up in the internet stocks. They also have "cultural differences" and real price competition between their traditional business and the on-line business. I don't see any reason why they can't still do store tie-ins to the on-line store.

The market is so caught up in the growth of the internet that it is willing to ignore what that implies; the internet will become more competitive than any other venue in the history of the world - both in numbers of worthy competitors and in ease of shopping and price comparison. Barnes & Nobel understands that they won't make much profit from the internet. If anyone does, it will be the Bertelsmans, Dell computers, and Lycos and Yahoos!, not the Amazon's. Cut out the middleman.