Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

AMZN 237.58

-2.7%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: William T. Katz who wrote (2784)	4/3/1998 3:43:00 PM
From: Tom D	Read Replies (1) of 164684

My understanding is that they are keeping the land-based and online businesses separate. This comes from the DMG institutional analyst research report on AMZN. This report also says that "having a terminal at your local bookstore" is exactly what would put the local bookseller afoul of the tax laws, resulting in sales taxes on the internet sales. Supposedly they are on shaky ground even if they advertise the internet web site at the local bookstore. For example, if there is a physical presence of barnesandnoble.com in a state, that state may elect to sue them for unpaid sales taxes. I am no lawyer, so please consider my opinion to be fallible. I would estimate my likelihood of error here to be about 150 mRs. (1 millirizzolo (abbrev mR) = 1/1000 the amount of error in a typical ron rizzolo AMZN posting). Best Regards, Tom D P.S. Its a joke, not a flame, Ron. You made a bunch of money & were smart enough to sell & most of us are a little jealous--you make it look too easy.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next