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

To: Bill Harmond who wrote (44934)	3/10/1999 3:13:00 AM
From: H James Morris	Respond to of 164684

>>Amazon Claims Top Video Spot<< William, you must have been having a nap. That's old news but, I'm sure as always the "Things" stock will react.

To: Bill Harmond who wrote (44934)	3/10/1999 3:22:00 AM
From: H James Morris	Read Replies (1) \| Respond to of 164684

>> NEW YORK (AP) -- Sales of Monica Lewinsky's memoir are still strong nearly a week after its release, but many booksellers are wondering how long the Amazon.con hype-driven boom will last.. ''That remains the $64,000 question,'' Amazon.com spokesman Bill Curry said Tuesday. ''I think there are people who thought it would be gone by now.'' Many booksellers said sales of ''Monica's Story'' were already beginning to slip a little. The book, released last Thursday amid a blitz of hype that included a televised interview with Barbara Walters, was likely to top the Publishers Weekly list of best-sellers this week, said Daisy Maryles, the magazine's executive editor. But she said chances were good that it would fall from the top spot within a week or two. ''Generally speaking, books like this ... are fast out of the gate and don't usually have long runs,'' Maryles said. St. Martin's Press has shipped 500,000 copies of the confessional, and estimated that some 60 percent had sold by Tuesday, said Chris Holder, an assistant in the publisher's office. The company was printing about 100,000 more, Holder said. Ms. Lewinsky's competition includes another Clinton White House memoir, former presidential aide George Stephanopoulos' ''All Too Human,'' due out Thursday. ''All Too Human,'' which was No. 2 on the Amazon.com best-seller list Tuesday, helped bump ''Monica's Story'' down to No. 4. The Lewinsky book had been No. 1 until Monday morning, and sold copies at a rate of five a minute just after the former intern's interview with Ms. Walters aired on ABC, Curry said. ''Monica's Story'' was the top-selling hardcover through the weekend at Borders Books & Music and Waldenbooks, said Ann Binkley, a spokeswoman for Borders Group Inc., which includes both chains. ''It has slowed down a little, but the "Things" stock is selling pretty well,'' said an assistant manager at a B. Dalton Booksellers branch in Greenwich Village.

To: Bill Harmond who wrote (44934)	3/10/1999 3:31:00 AM
From: H James Morris	Respond to of 164684

William, your Morgan Stanley is an aggressive and active gorilla. Don't you think?? >>By JON G. AUERBACH Staff Reporter of THE WALL STREET JOURNAL CMGI Inc., the largest shareholder of Lycos Inc., has hired investment bank Morgan Stanley Dean Witter & Co. to seek other suitors for Lycos in a bid to quash the company's planned merger with operations of USA Networks Inc. CMGI Chief Executive Officer David S. Wetherell said one of the many options being considered is CMGI's outright purchase of Lycos, an Internet portal. CMGI controls about 20% of Lycos's shares, and Mr. Wetherell was among the company's founding investors. Mr. Wetherell said Morgan Stanley also is seeking other Internet companies that might be interested in a merger with Lycos. Morgan Stanley confirmed it has been hired by CMGI. Since Lycos and USA Networks announced their proposed combination a month ago, Lycos shares have fallen amid investor unhappiness with the deal. CMGI's shares, meanwhile, have skyrocketed on the soaring value of its other Internet holdings. When the USA Networks deal was announced Feb. 9, a CMGI bid for Lycos would have been almost unthinkable. At the time, Lycos had a market value of about $5.3 billion, about $1 billion more than CMGI. A month later, CMGI's market valuation has skyrocketed to about $9 billion, while Lycos shares are now valued at about $4 billion. Mr. Wetherell, who voted in favor of the deal as a Lycos board member, later withdrew his support. Tuesday, Mr. Wetherell resigned from the Lycos board so that he could oppose the deal more freely and rally other shareholders. That news helped drive Lycos shares up $12.375, or 15%, to $96.25 in Nasdaq Stock Market trading. CMGI shares fell $5.25 to $194.4375. USA Networks declined to comment on Mr. Wetherell's board resignation and other recent moves. But people familiar with the company's thinking said USA remains committed to the combination and isn't prepared to renegotiate terms. CMGI's board hired Morgan Stanley about a week after the Lycos deal was announced, Mr. Wetherell said. He said his spot on the Lycos board hadn't allowed him to work directly with the investment bank, but since his resignation Tuesday morning, he is "now free to talk to" Morgan Stanley. Separately, Mr. Wetherell said a Lycos acquisition would immediately save CMGI from having to register with the Securities and Exchange Commission as a mutual fund. The run-up in CMGI's holdings has brought the company close to the threshold where it would possibly need to register as a mutual fund because of the value of its holdings.<<

To: Bill Harmond who wrote (44934)	3/10/1999 7:52:00 AM
From: Glenn D. Rudolph	Respond to of 164684

Reel.com, owned by video-rental chain Hollywood Entertainment, had $6.8 million in online sales during the fourth quarter. Amazon's film sales were higher than that, although spokesman Bill Curry declined to specify the amount. William, I am not stating that this is incorrect. I do find it odd that AMZN will not disclose the dollar amount of videos sold. I have this tendency to not like being long AMZN because I have this tendency to point out how they operate. Glenn