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Technology Stocks : K-Tel (KTEL) Have the cheesy '70s records come to an end? -- Ignore unavailable to you. Want to Upgrade?


To: Rajiv who wrote (2836)11/23/1998 5:39:00 PM
From: Tom Hua  Read Replies (1) | Respond to of 3203
 
Rajiv, all net stocks go through the roof today. Ktel did not participate in the frenziness, so it's official. WS is finally convinced that Ktel is not an internet company.

Regards,

Tom



To: Rajiv who wrote (2836)11/24/1998 8:34:00 AM
From: re3  Respond to of 3203
 
Interesting thoughts here, I just don't believe there is enough action in cd's to warrant k-tels biz success. I spent some time in a high school in toronto, and most kids, love to "mall", I think, more that net surf. I think they may succumb to buying in real life shopping even if they are short money, but you can't buy cd's without a credit card on line...

As much as I think the amzn is overhyped, I don't see music selling on the web in a traditional format at all. Perhaps make your own cd's with your own version of "best of's" or compilations can work, but not what you can buy elsewhere

just IMO

Howard



To: Rajiv who wrote (2836)11/24/1998 9:43:00 AM
From: Rajiv  Respond to of 3203
 
Microsoft Signs Amazon.com as Premier Merchant on MSN ShoppingTuesday, November 24, 1998 09:00 AM

REDMOND, Wash., Nov. 24 /PRNewswire/ -- Microsoft Corp. (Nasdaq: MSFT) today announced it has signed an agreement making Amazon.com (Nasdaq: AMZN) the Premier Music Merchant on the MSN(TM) Shopping channel, the MSN.COM portal page and other selected properties in the MSN network of Internet services. As a result, users of MSN will have one-click access to the Internet's No. 1 music retailer.

Amazon.com's Premier Music Merchant status earns it high visibility in a number of ways. As the exclusive music provider on the MSN.COM portal page, Amazon.com will have a Buy Music Quick Link as well as a rotating contextual merchandising message. These promotions will provide broad access to the active user audience and extensive Web reach of MSN. Amazon.com will also take the Premier Anchor position on the MSN Shopping channel for the Music and Video area, providing users of MSN direct links to Amazon.com for finding and buying their favorite CD, DVD and VHS products. In addition, Amazon.com will have promotional offerings across the MSN network of Internet services, consisting of advertising banners, text placements and graphical links.

"We welcome Amazon.com as our Premier Music Merchant on MSN Shopping and the MSN.COM portal and as an advertiser across MSN," said Charlotte Guyman, general manager of the online sales and marketing team at Microsoft. "We think MSN offers Amazon.com the best of both worlds -- tremendous reach off the home page and the targeted shopping audience provided by MSN Shopping."

"We are very pleased to be joining MSN Shopping because it will give more people the opportunity to experience the ease and convenience of shopping at Amazon.com," said David Risher, senior vice president of product development at Amazon.com. "Already, our music store is the No. 1 place to buy CDs on the Net, thanks to the thousands of people a day who discover the Amazon.com shopping experience: selection, price, convenience and service."