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

To: M. Frank Greiffenstein who wrote (24481)	11/4/1998 4:39:00 PM
From: craig crawford	Respond to of 164684

16:32 [BKS] BARNESANDNOBLE.COM NEW CEO JONATHAN BULKELEY.

To: M. Frank Greiffenstein who wrote (24481)	11/4/1998 4:40:00 PM
From: OtherChap	Read Replies (2) \| Respond to of 164684

Barnes and Noble isnt dumb, they wouldnt stop shipments and attract the attention of the fed. However, they will certainly renegotiate credit terms to Amazon's detriment and can completely justify this based on Amazon's junk bond rating status and negative book value. They will follow standard accounting practices and issue terms that they would give any other "high risk" retailer. However, since Barnes and Noble has real brick and mortor assets and positive cash flow and no debt, that "entity" would be entitled to more favorable credit terms. Nothing Amazon can do about this- they've got ludicrously sweet deals with Ingram and F&T right now, I'm sure those contracts expire sometime.. Probably the date after B&N/Ingram's merger is when the contract will run out, knowing the great timing the B&N folks have.. :)