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

AMZN 244.41

+0.6%

Nov 7 9:30 AM EST

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To: Bearded One who wrote (92893)	2/3/2000 12:24:00 PM
From: Wizard	Read Replies (1) of 164684

Bearded One, you have to give them credit for the value of their platform. Company after company is paying AMZN to get at their valuable customer information. Even if Amazon only makes small margins on selling products, they can make good overall pretax margins just by monetizing the platform. That is exactly why AOL is so valuable. AOL makes low margins on subscription revenues but the value is enormous because of the AOL brand for co-branded merchandising. This is fundamentally what the new economy is about. Besides, all those net losses and +$38mm in positive cash flow for the quarter.

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