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

To: Dell-icious who wrote (20435)	10/7/1998 2:14:00 AM
From: Bulls	Respond to of 164684

OUCH!!!!!!!!!!!!!!!!!! PRESS DIGEST- New York Times business - Oct. 7 NEW YORK, Oct. 7 (Reuters) - The New York Times reported the following business stories Wednesday: * For the first time since the AT&T Corp. <T.N> was founded in 1885, the company introduced a brand that does not mention AT&T: the Lucky Dog Phone Co. * Advanced Micro Devices Inc. <AMD.N> was the second chip company to provide an unanticipated bit of good news about earnings, a possible sign of a rebound in the chip industry. Motorola Inc. <MOT.N> reported better-than-expected earnings Monday. * Barnes & Noble <BKS.N>, the largest bookstore chain in the United States, and Bertelsmann AG <BTGGga.F> , the German media conglomerate, struck a $200 million deal that poses a powerful threat to the electronic commerce pioneer Amazon.com <AMZN.O>. * The naming of G. Richard Wagoner Jr. as the president and chief operating officer of the General Motors Corp. <GM.N> shows how the world's largest corporation is changing -- and how it is not. * In this season of pre-holiday hype, Tiger Electronics Inc. began a campaign to introduce the toy it contends is the next Tickle Me Elmo: a sweet, if slightly scary-looking, little playmate called Furby. 02:07 10-07-98 Copyright 1998 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any acti

To: Dell-icious who wrote (20435)	10/7/1998 2:17:00 AM
From: OtherChap	Respond to of 164684

Somehow I doubt even divine intervention will help amazon's stock price. the market has been unrelenting on companies that report even the slightest bad news. you could say that a 1600 pound B&N/Bertles gorilla just stepped up to the previously alpha-male 800 pound amazon gorilla. This qualifies as very bad news, in my book. :) in closing, i think i'll re-quote something Amazon supporters used to say: (and highlander duncan mcleod) THERE CAN BE ONLY ONE! (and it starts with a B, any way you slice it) :)

To: Dell-icious who wrote (20435)	10/7/1998 2:23:00 AM
From: Gil Gilbertson	Read Replies (1) \| Respond to of 164684

It appears that we have made and tested the bottom for this decline. We have held the dow at 7500 and the Nasdaq @1500 The news is horrible, the investors have shown panic, the analysts are over 55% negative. That usually spells bottom. I think good surprises will start coming and we should see the beginnings of a good move up tomorrow. So dont be suprised to see AMZN gap in the morning. But I believe your right on the longer term, the writing is on the wall...Gil