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

To: IMPRISTlNE who wrote (15696)	9/2/1998 9:23:00 AM
From: UFGator93	Respond to of 164684

From today's briefing.com (the first line says it all): AMAZON.COM (AMZN) 79 15/16. When the going gets tough, put out another press release. Internet retailer Amazon.com (AMZN) this morning put out a press release saying it will be "the premier book merchant throughout many of Yahoo!'s World sites, including Yahoo! in Asia, UK & Ireland, France, Germany, Denmark, Sweden, Norway, Canada, Australia & New Zealand, Japan and Korea." This is certainly a positive development for the company. However, AMZN already has a strong relationship with Yahoo, as noted in the press release. It really isn't all that surprising that AMZN and Yahoo have reached an agreement for these other sites. In fact, it may come as a surprise to some that this wasn't already the case. AMZN stock has taken an absolute drubbing in the past week, dropping from 138 to under 80 in five trading sessions. The momentum has quickly come out of this momentum stock. Yesterday, Merrill Lynch put out a "reduce" rating (one notch above "sell") on the stock. It is a very good time to come out with an expanded deal with one your current partners. Back in April, a press release such as this would have been good for at least a 10% stock move. In this environment, the most noteworthy development may simply be to se whether AMZN can hold on to the 2 point opening gain that is indicated. AMZN is already priced for huge business success, so the press release today will be noteworthy as much for how the stock behaves in reaction as to whether the deal will improve profits several years down the road.

To: IMPRISTlNE who wrote (15696)	9/2/1998 9:23:00 AM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

have you ever heard of revenue growth? .... have you ever heard of market demand?... have you ever heard of investing in your own future? Prissy, Revenue growth is easy if you sell at a loss. A profitable company needs operating margins to be in the black. I do invest in my future. I turn a profit in my business and reinvest it. Glenn PS I do not invest other people's money.

To: IMPRISTlNE who wrote (15696)	9/2/1998 9:25:00 AM
From: OtherChap	Read Replies (1) \| Respond to of 164684

Check out the Amazon/Yahoo press release! They are really trying to pull out the big guns to hold their stock price up.. But what happens when it STILL goes down? Cyberian Outpost and Egghead also have "deals" to get buttons put on webpages, but it hasnt stopped their stocks from currently trading below 10 bucks. The previous person said it right, Amazon is just a bookstore with a webpage. 3 billion bucks it aint. (it wasnt worth 6 billion either) Bid was up to 82 for a few minutes, but now its already coming down. This stock is a JOKE.