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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.55+0.2%3:59 PM EST

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To: Bill Harmond who wrote (83692)11/9/1999 7:38:00 PM
From: SLSUSMA  Read Replies (1) of 164684
 
The margins in tools are very high.

Maybe for tool manufacturers, but not for tool distributors; margins are razor thin for distributors.

Further, most people who buy tools are hands on people; they would prefer to buy after testing it and playing with it at a hardware store. Buying online is just not suited for guys who want to try out the tools first. I know I would fork out dough for a power saw without playing with it first.

By the way...sold short 500 shares at $80 and change this AM at the open. The announcement and delayed opening was all the signals I need. Will put a stop loss of $72 to protect any profits made.

USMA95
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