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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.38+0.1%Dec 24 12:59 PM EST

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To: brad greene who wrote (89375)1/2/2000 10:38:00 AM
From: i-node  Read Replies (2) of 164684
 
And watch the sales tax get slapped on the E-Tailers this year......it will shave 30%+ off of your somewhat wishful sales estimates for next year.

Where does this figure "-12% Margins" come from? I've not seen any major players with negative margins...

The sales tax is definitely coming -- no question. But I'm not sure to what extent it hurts AMZN & others. My sense is they are competing more against EACH OTHER than they are against local retailers.

I do not believe the sales tax will kill internet retailing. And if it doesn't, then I am confident AMZN will be a survivor.
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