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

AMZN 234.70

-1.2%

Nov 14 9:30 AM EST

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To: Bill Harmond who wrote (69468)	7/25/1999 3:27:00 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

William, This makes sense. The article makes sense. My lack of understanding Amazon last year made sense<G> Fulfillment cannot exceed gross margins. That has to sound familiar. Gross margins will be greater than the cost of fulfillment when the fulfillment process is far more automated which is what Amazon has been doing. Not only for books, music and video. I ought to research Fingerhut again. Glenn

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