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


To: H James Morris who wrote (33793)1/9/1999 3:49:00 AM
From: Dwight E. Karlsen  Read Replies (1) | Respond to of 164684
 
Why are you reposting old news? That announcement only means that Amzn is needing more space to stock books, so they can sell even more money-losing books.

The entire sector is trading on sentiment going into Yahoo's numbers now. Amzn went up this week based on Yhoo's report on Tues next week. It had zip to do with Amzn.



To: H James Morris who wrote (33793)1/9/1999 3:59:00 AM
From: GST  Respond to of 164684
 
Not that it matters because most of us won't stick around to care, but in time, meaning the next year or so, AMZN will face the huge task of building the distribution system everybody thinks they already have. Guess who already has that distribution system? You guessed it, Barnes and Noble. If anybody cared, the longer term issue is whether or not AMZN will exist a few years from now.



To: H James Morris who wrote (33793)1/9/1999 4:42:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 

The site is Amazon.com's third distribution center and more than doubles the current square
footage at its Seattle and Delaware sites combined, Curry said. That will give the company
more room to store books, music and videos, helping decrease waiting times for shipments
to be sent, he said.


There sure is a change here as I am certain everyone has noticed. The "beauty" of the AMZN business model was they did not have to carry inventory. Maybe just a little of the best sellers but they were to get payed for products prior to AMZN even buying them. This also reduced the cost of rent, insurance, utilities, etc.

I bolded the comment that really counts. Why would AMZN want to "store" books, CDs and videos?? Are they storing these products that are owned by another firm for a fee? Maybe they wish to be a Baker and Taylor or an Ingrams?

Glenn

Glenn