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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Roger A. Babb who wrote (13096)	8/24/1998 6:53:00 PM
From: BelowTheCrowd	Respond to of 18691

> AMZN is amazing. Barnes & Nobles IPO should have hurt AMZN due to increased competition, but no it runs AMZN up because it "validates" the AMZN business model. < More to the point: It shows that the saaviest player in the book market thinks that they can make more money SELLING their online business than they can make by continuing to operate and grow it. Let's be real, if they thought it had the kind of growth potential everybody else sees, why in the world would they sell the thing? This "validates" once again that the best way to make money in the online business is by selling stock, NOT selling products... mg