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

To: Bill Harmond who wrote (57923)	5/22/1999 5:51:00 PM
From: Glenn D. Rudolph	Respond to of 164684

>>Covey stated unequivically that the revenues from auctuions and shot the web will not affect the bottom line. In 2Q99, Glenn. William, This is true but that is all we have for now. There has not been a long enough track record for Amazon's auctions for even managment to make any further conclusions. If I am a "cementhead," this guy is a "leadhead." :-) Glenn

To: Bill Harmond who wrote (57923)	5/22/1999 9:05:00 PM
From: Glenn D. Rudolph	Respond to of 164684

Barnes & Noble stores range in size from 10,000 to 60,000 square feet depending upon market size. Barnes & Noble stores opened during fiscal 1998 added 1.3 million square feet to the Barnes & Noble base, bringing the total square footage to 11.9 million square feet, a 10% increase over the prior year. Barnes & Noble stores contributed more than 84% of the Company's total sales in fiscal 1998. The Company plans to open approximately 50 Barnes & Noble stores in 1999 which are expected to average 26,000 square feet in size. The Company believes that the key elements contributing to the success of the Barnes & Noble stores are: Barnes and Noble added 1.3 million square feet of brick and mortar space during the last year and Amazon.com has added about 4 million square feet. If this continues for a few more years, Amazon.com will have more brick and mortar than Barnes and Noble??? Glenn

To: Bill Harmond who wrote (57923)	5/23/1999 10:23:00 AM
From: tonyt	Read Replies (2) \| Respond to of 164684

>>>Covey stated unequivically that the revenues from auctuions and shot the web >>>will not affect the bottom line. >>In 2Q99, Glenn. We've been through this before. She did not say in Q2, the WSJ quoted her as saying that the auction business isn't likely to be a major contributor to Amazon's revenue for 'some time' (and that it will take significant investment). Did she revise her comment, or are you interpreting 'some time' as a qtr? Amazon will not be able to compete with eBay. I wouldn't be suprised to see them bow out of the auction business in a year.