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


To: SouthFloridaGuy who wrote (23846)10/30/1998 8:30:00 AM
From: Alan Newman  Respond to of 164684
 
AMZN had stated that they were #1 in CDs now, but I was curious to know what the revenues of their competitors were. Here's that info:

CDnow (NASDAQ:CDNW - news) made a $111 million stock bid for rival N2K (NASDAQ:NTKI - news) October 23 that
would create the world's largest Internet music seller. The move comes none too soon in our opinion. Amazon.com
(NASDAQ:AMZN - news) generated $14.4 million music vs. CDnow's $13.9 million and N2K's $10.5 million. That's the
reason CDnow and N2K have agreed to merge, combined sales would be $24 million, well beyond Amazon's music sales.
fnews.yahoo.com