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

To: Rob S. who wrote (25084)	11/8/1998 3:47:00 PM
From: Glenn D. Rudolph	Read Replies (3) \| Respond to of 164684

This is a must read: washingtonpost.com

To: Rob S. who wrote (25084)	11/8/1998 7:53:00 PM
From: John O'Neill	Read Replies (1) \| Respond to of 164684

An email from an exec friend of mine reg AMZN... Thanks for the info. Of course AMZN is going to try to put a good face on it, but how would you like to be dependent on your biggest competitor for 58% of what you buy. Barnes and Noble will know exactly what books that AMZN are selling, for example. That kind of information is considered highly proprietary in any business; right up there in the trade secret category. In any business, if you know exactly what your competitor is selling (their "product mix" it is called), it is a huge advantage. Even worse, when there is a shortage of a particular, very popular book, who is Ingram going to supply it to first - AMZN or Barnes and Noble online? Here's a clue - it won't be AMZN. Comments? I wonder if Friday price really reflected these probs for AMZN and it's market cap? Comments??

To: Rob S. who wrote (25084)	11/8/1998 9:49:00 PM
From: Jan Crawley	Read Replies (2) \| Respond to of 164684

Rob, thanks for the good post and good points. I am taking them seriously. I can "see" a pull back from here, but may not be too much more than 10 points from here for the next two weeks. If we want to play it safe, then small and quick bites is the way to go. But I have a few observations: 1. The Nov options' open interests currently do not support a closing price of $130 or $120. 2. On Aug. 24, both PK and Doerr filed to sell approx. 2.5 million shares. Amzn was $130 on 8/24, but dropped to as low as $65 on 9/1. However, Amzn bounced back to as high as $91 on 9/2. There after, was trading in the 70-80 ranges for the next 3 weeks. 3. I do not see a repeat of #2; but it will be interesting to see what type of price swings Amzn may have if there are 3 million shares to be sold in a short period of time. 4. The B&K/Bertie and B&K/Ingram news are creating synergism, those are serious and powerful actions towards Amazon, the company. As to Amzn the stock, I think it will be traded nervously by the traders for the next few weeks.