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

To: OtherChap who wrote (24903)	11/7/1998 12:34:00 PM
From: OtherChap	Respond to of 164685

Amazon MUST lower their stock price. They're in a catch-22. If they continue to be incredibly richly valued by the market then B&N can use this argument to destroy them in any anti-trust case brought by the feds. Trust me- if Bezos calls up Vinik and meeker this weekend and tells them that he needs 'em to hedge their positions and let the bottom fall out of the stock, then he gets EXACTLY WHAT HE WANTS. Imagine Bezos crying to the feds, with his stock price around 50 dollars lower by next weekend. He can show that the ingram deal poses a grave risk to competition. Just look at my stock price! My company lost billions in market cap in just a few days because of the Ingram and B&N's anti-competitive move! The crux is that Amazon is going lower.. Either bezos will lower the stock price, or B&N will eventually lower it for him. As for the feds, I have no idea if they'll block the deal. The independent booksellers (most of which are tiny, but still make more profit than bezos-well, not bezos personally because he just cashed out with 23 million dollars) are making quite a stink, they are whining up a storm at being zero'ed out by the big players..