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

To: Bill Harmond who wrote (16925)	9/11/1998 8:22:00 PM
From: Skeeter Bug	Read Replies (3) \| Respond to of 164684

>>Considering that Amazon has a 75%+ (and growing)<< william, kindly cite your source if you would be so kind. tia...

To: Bill Harmond who wrote (16925)	9/11/1998 8:35:00 PM
From: Oeconomicus	Read Replies (5) \| Respond to of 164684

... I decided not to wait for $65. $65? I was suggesting you wait for $15. BTW, that's quite amusing, suggesting that you are buying in the $80s because fundamentals support that valuation. Does that mean you are buying to hold for the long-term? Or, are you going to liquidate on a whim just like the rest of your recent buy and sell decisions? You do the hundreds of SI members who have you peoplemarked a great disservice by suggesting this is anything but a short-term trade. Not that they pay you for advice, but... Bob PS: Music? More competition, lower margins, no lead.

To: Bill Harmond who wrote (16925)	9/11/1998 9:03:00 PM
From: H James Morris	Respond to of 164684

Old news but I find it interesting that Bezos appears not to be selling. William that might be a new buying opportunity for you. What happened to TomD? <ISSUER: AMAZON.COM INC. SYMBOL: AMZN WASHINGTON (FFBN) -- Three Amazon.com Inc. insiders sold a total of 80,000 shares of the company's common stock during August, according to Form 4s released today by the Securities and Exchange Commission. Chief financial officer Joy Covey sold 25,000 shares on August 6 at a price of $104.55 per share. At the end of the month, Covey directly owned 317,700 shares of Amazon.com common stock, adjusted for a two-for-one stock split on June 1. Company vice-president and chief information officer Richard Dalzell exercised an option for 25,000 shares at a price of approximately $12.66 per share on August 25. That same day, Dalzell sold the shares for a price of $135.50 per share. Dalzell owned zero shares at the end of August. Amazon.com director Tom Alberg sold 20,000 shares on August 6 at a price of $107.06 per share, and then followed that up by selling an additional 10,000 shares on August 10 at a price of $119.19 per share. At the end of the month, Alberg directly owned 184,000 Amazon.com shares, adjusted for a two-for-one stock split on June 1. On August 4, the company announced that it will acquire two Internet firms for approximately $280 million. In late August, Barnes & Noble Corp. (BKS) announced that it was filing an initial public offering for its on-line division, barnesandnoble.com. Recently, shares of Amazon.com were trading down 2 1/8 points at 77 1/2. (END) FEDERAL FILINGS-DOW JONES NEWS 09-11-98 13:44 /FEDERAL FILINGS CONTACTS: (202) 393-7856 FOR EDITORIAL, (800) 487-6162 FOR DOCUMENT SALES, (202) 628-8990 FOR NEWSWIRE SALES, (888) FED-FILE FOR TECHNICAL SUPPORT, & fedfil.com

To: Bill Harmond who wrote (16925)	9/11/1998 9:30:00 PM
From: llamaphlegm	Respond to of 164684

<<<<< Exactly. $65 even. Considering that Amazon has a 75%+ (and growing) share of online book sales, but less than a .7% share of $82 billion annual worldwide retail book sales, I decided not to wait for $65. Wanna talk music, etc. now? :)>>>> William: You sir are wayyyyy too kind. I'd love to talk music now and even books (really, you've got to stop making this so easy on me). cbs.marketwatch.com he House site was inaccessible. CDnow deal is music to Yahoo! ears As Amazon.com (AMZN) had done a couple of weeks ago, music e-tailer CDnow (CDNW) agreed to fork over an undisclosed amount of money to extend its distribution deal with Yahoo! (YHOO) to many of the search service's international sites, including those in France, Germany, Italy, Denmark, Sweden, Norway and Canada. As is becoming more typical for this kind of deal, the financial terms were not disclosed. CDnow already signed a one-year $3.9 million deal to be the premier music merchant on Yahoo!'s main site. So, what will it be. Either amzn's book ad plan with yahoo gives it a huge advantage over others in books and cdnow's similar deal gives it a huge advantage over others (including amzn) in cds or not. If so, amzn ain't going too far in music. If not, amzn has even less of a head start than you'd like to pretend. Almost forgot books. interactive.wsj.com Meanwhile, both Barnes & Noble and Borders are seriously turning their attention to the on-line space, and both arguably have brand names stronger than even Amazon. .... But Amazon has a lot of work to do refining its model. Ron Ploof, of IceGroup, a Wakefield, Mass., firm that advises companies on electronic commerce, concluded in a recent report that Amazon is losing $7.15 for each Amazon.com order processed as it spends to establish its brand identity and work out logistical kinks in shipping, handling, returns, payment processing, credit-card fraud and inventory management. Dear William, with these kind of #s in an on line industry sector in which it faced 0000000000000000000000000000000 (that's none, my friend) competition for over 2 years, I can only wish amzn the same luck in growth and sequentially increasing losses in the music industry that it has had in the book industry. What's that you say? It can't happen. AMZN will cut its losses. Because, it now faces much slower growth in the book industry given the deep pocketed and recently arrived competition. BKS.com? Music industry even worse? Worse margins? More competition? First mover "advantage" has already gone to others? AMZN is still seen largely as a book store? Overpaid for its acquisitions? Insider sales growing? Good thing you jumped back in so enthusiastically yesterday. Perhaps re-reading the two articles posted here (and TMF) in the past two day about what was termed obvious manipulation by day traders and a few institutions would be far more useful in explaining the real reasons behind the stock's rise, rather than the half-hearted attempts (can't wait for the music) you're putting forward for justifying this insane stock price. Have a great weekend -- LP

To: Bill Harmond who wrote (16925)	9/12/1998 11:08:00 AM
From: H James Morris	Respond to of 164684

William< I decided not to wait for $65.> You and Morgan Stanley. I must admit though, you are a man of convictions. Here I am, convinced that the 'Thing' will return to earth and there's you betting that the 'Thing' is going back into stratosphere. One of us will be right, one of us will be wrong. I will guarantee you though, the 'Thing' will not tread water for long.You can trust me on that. Good luck.

To: Bill Harmond who wrote (16925)	9/12/1998 6:25:00 PM
From: Glenn D. Rudolph	Respond to of 164684

Considering that Amazon has a 75%+ (and growing) share of online book sales, but less than a .7% share of $82 billion annual worldwide retail book sales, I decided not to wait for $65. Wanna talk music, etc. now? :) William, It is interesting that Amazon took so long to carry classical music. Possibly, they had no employees with enough knowledge to put that are in their database. Amazon's business model is moving exactly as I had predicted. They are losing greater amounts of money than planned, competition is starting to eat into any market they are in and they will completely fail on target around the year 2002. Glenn