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

To: Lizzie Tudor who wrote (59199)	5/30/1999 2:13:00 AM
From: Hector	Read Replies (1) \| Respond to of 164684

Michelle, interactive.wsj.com Funny, I've always thought AMZN was a hype stock, but in this case, I have a hunch it'll probably shrug off this article after an initial sell-off of 20 points on Tuesday. It has been a major beneficiary of the daytrading phenomenom. If it doesn't at least come back to $150 in the next month or two, I will finally believe that daytraders have run out of cash and the bear market is upon us.

To: Lizzie Tudor who wrote (59199)	5/30/1999 10:04:00 AM
From: Sarmad Y. Hermiz	Read Replies (2) \| Respond to of 164684

Michelle, >> Can someone please synopsize the article for me. 1- Amazon is a middleman. 2- they sell at a loss (the wholesale price of a book is 45% of the retail price, and Amazon gives this discount to the buyer). 3- their rev growth is slowing. 4- their loss is growing both in absolute terms ($) and % of sales. 5- manufacturers are getting into direct selling to consumers eliminating Amazon's role. 6- other online selling firms make profit on the items that Amazon sells at loss. 7- People are catching on to the scam, and stock price reflects that. The article was only about Amazon.