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

To: OtherChap who wrote (20439)	10/7/1998 2:52:00 AM
From: OtherChap	Respond to of 164684

Wow, I just thought of this: Some guy on the Yahoo message board said that barnesandnoble.com will have to pay state sales tax, since they have brick and morter buildings in literally every state. That would be correct, except for one thing: You have to have a greater than 50% ownership of a company to "control it".. barnesandnoble.com will incorporate in Delaware, run operations out of silicon valley, and since barnesandnoble.com is only HALF owned by barnes and noble (the brick and mortar company) they will NOT have to pay sales taxes in states outside of California. I flipped through some old legal books from the college days to make sure and this is indeed the case. Damn! I wondered why B&N would not insist on 51%. That explains it!

To: OtherChap who wrote (20439)	10/7/1998 3:07:00 AM
From: Jay8088	Read Replies (1) \| Respond to of 164684

I do think the market could be up 200+ points to approach 8000 level. But that would be it before THE BEAR takes charge once again. YHOO may form a double top tomorrow and AMZN may pop up a little. However I do agree with you that YHOO and AMZN would be sold down hard as soon as Thursday. After this great YHOO earnings news, investors have to think about deteriorating US economy and possible recession next year as well as these stocks' ultra high valuation (AOL is tanking already). Once big boys decide to take profits, YHOO and AMZN could fall fast. AMZN may fall even faster. I certainly hope to see AMZN in the 70's by next week. I may yet be able to salvage some October puts and roll them over to November in a hurry!