A `Best-Seller' You Won't Find At Amazon.com, The Internet Analyst News.Business Editors/High-Tech Writers NEW YORK--(BUSINESS WIRE)--July 6, 2000 Fertilemind.net usually takes an opportunity in The Sell Report to tell readers about stocks that it does not like. This week, however, we want to focus on a June 22, 2000, report on Amazon.com (Nasdaq:AMZN AMZN Amazon.com (NASDAQ symbol) ) written by Ravi Suria, a credit analyst at Lehman Brothers Lehman Brothers Holdings Inc. (NYSE: LEH), founded in 1850, is a diversified, global financial services firm. It is a participant in investment banking, equity and fixed income sales, research and trading, investment management, private equity, and private banking. . The important thing for individual investors to know is that all of Mr. Suria's calculations come from publicly available data. Amazon.com, the report argues, is rapidly becoming just another bricks-and-mortar (BAM Bam (bäm), town (1996 pop. 70,100), Kerman prov., SE Iran, on the intermittent Bam River. Located on the western edge of the Dasht-e Lut, Bam is a trade center in a henna-growing region. Dates and other fruits are also grown; camels are raised. ) retailer and should be judged as such. They also have to counter more aggressive competition from the American-based BAM retailers like Kmart, through its Bluelight.com joint venture with Softbank (SFBTF), and Wal-Mart's (NYSE NYSE See: New York Stock Exchange :WMT (Windows Media Technologies) See Windows Media. ) Wal-Mart.com Aram Fuchs is the CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Fertilemind.net, an independent Internet equity research firm. At the time of publication he did not have any interest in the securities mentioned in this article. Mr. Fuchs frequently buys and sells securities that are the subject of his articles, both before and after publication. To find out more about this week's Analyst's sell report, read the article in Multex.com's The Internet Analyst(sm), www.theinternetanalyst.com/individual/000706sections/sellreport.asp Companies profiled: Amazon.com (Nasdaq:AMZN) http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=amzn Wal-Mart (NYSE:WMT) http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=wmt |
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