Tuesday, July 31, 2001

Amazon Auctions: Going once... "I don't think they're putting a lot of effort into (auctions) right now, and I don't expect them to," said Jeetil Patel, a financial analyst who covers Amazon for Deutsche Bank Alex Brown. "If they're looking at areas to trim the fat, obviously this seems to be one of them," since revenue from auction sales is an "insignificant" piece of Amazon's business.

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