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

AMZN 231.69

+1.7%

Dec 10 3:59 PM EST

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To: Lizzie Tudor who wrote (146575)	9/2/2002 5:10:53 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

"because when you have someone on ignore, and read through the posts, the replies to the ignored person say "ignored"." Mine do not say anything. Meaning I never know there is a post. Maybe Craig is not posting here anymore and I have forgotten how it worked. It is not important. "Hey- hows your business going these days Glenn, business picking up a little?" On-line business is picking up quite well including a little better margins. The margins could not have been much worse comparatively<G> We are close to flat on in store sales. That says a lot due to the fact we typically have a sizable increase year after year. I know the consumer is spending less in my industry in my area due to the attrition of many competitors that were too leveraged going into a recession. The business they had has to be going elsewhere and since we are not showing an increase, I am assuming the total pie is smaller this year. One last factor to consider is average ticket price. That is down 20%. I assume due to the consumer's lack of confidence in the near term future. I had planned to semi-retire at the end of this year and let my son take over from here. I do not see that happening mostly due to my feeling he needs more experience particularly in this challenging climate. He only has 3.5 years of experience and I believe the dual channel selling, reduced consumer confidence, etc. warrants another year for me to make sure his future is secure. I do not claim to have all the answers by any means but experience is sure a help. I hardly know anyone that is self employed with a successful ongoing business anymore. Everything seems to be chain operations, etc. Are there many independnat successful businesses in your area now? I am assuming this is a trend.

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