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

To: craig crawford who wrote (22553)	10/22/1998 5:09:00 AM
From: OtherChap	Read Replies (1) \| Respond to of 164684

>AMZN will close down today (Thursday) >MARK MY WORDS Craig, I don't think it's likely. Has anyone noticed that Amazon has _yet_ to issue a formal response to Walmart's lawsuit? I watch biz headlines all the time, and within 24 hours or so there is always a quick denial from the company being sued, along with the usual "blah blah blah, they don't have a case" But Amazon has said nothing. No rebuttal, no public statement claiming that they were innocent. I think this means Amazon knew it got caught, and they're trying to settle behind the scenes as we speak. Amazon simply cannot afford a drawn out legal battle with WalMart- someone jokingly said that Amazon's revenue is nothing more than a rounding error for WalMart. :) I think the suit was a shot across the bow of Amazon. Walmart could very easily have waited a few weeks and then got a 30 day temporary injunction against Amazon's use of any disputed ordering systems. Can you imagine what this would do to Amazon's revenue during the holiday season? I've got to admit, I nearly forgot about the walmart suit myself. For the above reason- there was no amazon response for me to read about in the newswires!

To: craig crawford who wrote (22553)	10/22/1998 10:34:00 AM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

>> Amzn will be up tomorrow, Glenn some good news from Mike Dell: << AMZN will close down today (Thursday) MARK MY WORDS Craig, I am long a lot of shares now. I might as well profit from the follishness for the moment. I can change the position quickly when necessary. Glenn