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

AMZN 233.22

+1.8%

Nov 28 9:30 AM EST

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To: Bill Harmond who wrote (118545)	2/25/2001 2:46:45 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

I was never of the opinion that Amazon would be an "extremely profitable company". "Extremely profitable" is 30% operating margins. Bill, In the post in question you used the words "Extremely profitable" and discussed Amazon having net margins at 10% compared to traditional retailers with net margins of 3%. This was a long post for you. Two paragraphs. You explained the better margins due to the increasesd sales per employee and the increased sales per square foot of leased area. How should we address this? Think about it because I am "extremely" good at this;-)You might want to change your position which may end up admitting your were incorrect about Amazon's future compared to what you said. Just thoughts from a friend:-)))) I am doing this to tease you but it is my turn. We all deserve our turn. Glenn PS You still have the cash so you win on the real score LOL.

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