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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 239.12+0.4%Jan 16 9:30 AM EST

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To: H James Morris who wrote (95581)3/5/2000 6:55:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 
>Can you a business to concumer e-commerce firm that turns a profit? I honestly cannot
think of one
I can. Ebay. That's a company I thought was a fad. Boy was I wrong on that one. And with an
old economy P/E of 558 what a bargain!!!!


I was not clear again. Ebay is a broker in my opinion. They receive a commission by bringing buyers and sellers together. They in fact sell nothing themsleves. My reference was to a retailer that obtaines the merchandise and handles fulifllment.

Have you ever been to an on-line auction site? I haven't, but I did get a used eBay Rolex
wristwatch from William.;-)


Actually, I sold three new jewlry items on Ebay. I wanted to test the waters. The problem was the bidders all ened up bidding more for the item than I sell it retail. I could not take advantage and sold it to them at out typical retail.
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