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

To: Jay8088 who wrote (20669)	10/8/1998 4:46:00 AM
From: H James Morris	Read Replies (2) \| Respond to of 164684

Jay<If the most popular store has troubles breaking even, what does that say about the future prospect of internet retail?> That's a good question and one I'm to tired at this time to get into. You are though setting this thread up for a great debate. Please don't post your question on the Motley Fool. You'll have every TMFer including David Gardner telling you why the world can't survive with out it.

To: Jay8088 who wrote (20669)	10/8/1998 5:11:00 AM
From: H James Morris	Respond to of 164684

From Fortune magazine. Now if only the Elephants read it. <BAD NEWS FOR AMAZON.COM (DAY II).... Another killer today was Amazon.com. Yesterday (when all my troubles...oh never mind!), I told you that Barnes & Noble's web site and Bertelsmann, the German publisher, were hooking up and it might hit AMZN. It did. The stock fell almost $15, to circa $93.50. But it wasn't just the book giants ganging up on AMZN. The drop was also due to the fact that it looks like online music retailers N2K and CDnow are going to hook up. This, just as Amazon.com is moving into music. I remember when the N2K guys were describing the CDnow guys as veritable running dogs! "A couple guys out of garage from Philly." Well, yes they are, but now they are your partners. The newly combined company would own half the market! Watch out Bezos! >