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

To: Glenn D. Rudolph who wrote (42908)	2/27/1999 1:23:00 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 164684

Glenn, do you know who is the leading online music retailer? I can't seem to find any stats on that. I still buy things from CD-now vs. Amazon because my car only has a cassette player. In one of the qtrly statements Amazon claimed to be the fastest growing music retailer, that I believe.

To: Glenn D. Rudolph who wrote (42908)	2/27/1999 2:15:00 PM
From: llamaphlegm	Respond to of 164684

March 1, 1999 barron's letters Mailbag Attention, Internet Shoppers To the Editor Joseph Cianci (Mailbag, February 15) states that as Amazon.com grows, it will be compared with Sears, Kmart, etc. That's the problem. Recently, Amazon had a market cap (online "investors" please look this term up in the dictionary) of $15.99 billion, compared with Sears' $15.75 billion, Kmart's $8.44 billion, JC Penney's $9.84 billion and May Department Stores' $13.47 billion. I think Amazon is a great company but my worry is that, when it does start to make money, it will be valued as a traditional retailer. That looks like a lot of downside risk to me. As to Cianci's comment that Wal-Mart should buy Amazon, Wal-Mart didn't get where it is by buying overpriced assets. I doubt it will start now. STEVE GUYER Malvern, Pennsylvania To the Editor Please tell Joseph Cianci that Wal-Mart doesn't need Amazon.com to be the Wal-Mart of the Internet. Wal-Mart already has a wonderful site (www.wal-mart.com) with many items not available in all its stores. When looking for a CD of Spanish Christmas carols, which no local Detroit chain music store stocked, Wal-Mart online had six choices. Their return procedure is also very user-friendly. MARK MAISONNEUVE Eastpointe, Michigan