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

To: Rob S. who wrote (26288)	11/17/1998 3:07:00 AM
From: OtherChap	Respond to of 164684

I don't think Amazon is trying to attract attention to their little "gift shop"... Comon, these guys pumped the press releases every hour back in the good old days, and had all their analyst buddies upgrading the stock every time Vinik wanted to make some more cash.. But this story is buried, and doesnt have any fanfare.. It does show that Amazon gave up the idea of being a successful online bookstore. Will their logo still be "the worlds largest bookstore" anymore when they make half their cash from used cars? I haven't got a clue about the price reaction tomorrow.. Normally I'd say much higher, but I firmly believe the internut momo investors have moved onto the next set of sub-$130 per share internet stocks.. The interest simply isn't there any more.. (heh, I bet that's what bezos wishes about the junk bond debt)

To: Rob S. who wrote (26288)	11/17/1998 3:14:00 AM
From: Skeeter Bug	Read Replies (1) \| Respond to of 164684

>>the strategy is to offer products guaranteed to beat Amazon in price. Hmmm . . . this is still a virgin market but they are already talking tough about price.<< this has been intuitively obvious for some time, as you are well aware. commodity products in an industry with very few barriers to entry and TONS of undeserved HYPE. this may make the dram glut look like great times!

To: Rob S. who wrote (26288)	11/17/1998 11:10:00 AM
From: Robert Rose	Read Replies (1) \| Respond to of 164684

<"Duh, gee, we sell a lot of this here commodity stuff. We got lots of warehouses crammed to the rafters with it already. Do ya' think we can sell it on the Internet at a lower price than that high falootin Amazongonenutty.com?" Seems like a no-brainer to me.> Am surprised by this comment, Rob. Just yesterday someone (probably Glenn! :)) posted a very enlightening article about all that goes into Amazon's shipping. Needless to say, meeting millions of individual customers' needs in a timely manner is no small feat. If you missed that article, I will dig it up for you. It's worth the read.