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


To: Glenn D. Rudolph who wrote (22086)10/19/1998 12:23:00 PM
From: Mark Fowler  Respond to of 164684
 
I believe you are mistaken. You did read about Bertelsmanns and
Amazon.con and 2 billion. I read the same article and could locate it if
necessary. Anyhow, what occurred was Bertelsmanns was trying to
negotiate a deal with Amazon.con and Jeffery Bezos wanted the 2 billion
dollars. Bertelsmanns said that was way out of line. Amazon.con is not
worth that much and Bertelsmanns went with barnesandnoble.com. That
was what occurred.<<

Hi Glenn, just got back on the ranch... That's not what i heard... And I cannot believe Jeff would sell out. And i made a mistake on the figures of Bertelsmanns price for B&N.com it's 200 million not 2 million.

Ps. I see our little Amzn is doing as expected so far hope it keeps upward .



To: Glenn D. Rudolph who wrote (22086)10/19/1998 12:45:00 PM
From: Mark Fowler  Respond to of 164684
 
Article: About B&N and Amzn

"Most people think, though, that if Barnes & Noble is going to succeed in the long term, it
will have to become a powerhouse on the Internet. So far, in the one year that Barnes &
Noble has been operating its Web site, it has failed to make up any ground on Amazon.
While Amazon generated $147 million in revenue last year, Barnes & Noble wasn't even
considered a player. This year Barnes & Noble was hoping to see revenues of $100 million.
Instead, the company will be lucky to crack $50 million. Amazon, meanwhile, is seeing
healthy gains in revenue and should see its annual figure climb to nearly $400 million.
Clearly, Amazon is stretching it out."<<

fnews.yahoo.com