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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 222.55-4.4%Nov 18 3:59 PM EST
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To: Eric Wells who wrote (80259)10/12/1999 1:52:00 PM
From: Bill Harmond  Read Replies (2) of 164684
 
The operating margin isn't the sole reason. It didn't enjoy such levels of profitability when I first bought it in 1997.

I pointed out the extraordinary level of profitability to you because if you understood it I doubt you would have been posting like you have for the last week. Yahoo has been throwing off cash from operations seven quarters. Operating income doesn't include interest income. Don't listen to KIS. He'll say anything.

I don't know of any other company that has Yahoo's combination of top-line growth and operating margin.
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