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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 232.37

-0.9%

3:59 PM EST

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To: Glenn D. Rudolph who wrote (32765)	1/5/1999 10:01:00 PM
From: tonyt	Read Replies (1) of 164684

I find it amuzing that Amazon 'blamed aggressive price cutting and heavy sales of videos and music, which produce slim margins.' for its failure to make a profit. Amazon does not have the lowest prices, so what will happen when they are forced to be competative in order to increase revenues? And the 'heavy sales of videos and music'? How can they blame a loss on this? Would 'thin sales of videos and music' have been better? Anyway, what is left for Amazon to sell? I see software as the only remaining product.

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