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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 235.32+0.6%10:22 AM EST
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To: jawd who wrote (5990)6/14/1998 1:04:00 PM
From: Glenn D. Rudolph  Read Replies (2) of 164684
 
Business as we know it is transforming itself from being office/paper/fax/telephone based
to being computer/internet based.


How does this change the fundamentals of retailing? One still needs to market a product. Sell it for amount greater than the cost. Take the gross profits and deduct expenses such as advertising, administration, wharehousing, fullfillment, interest, etc. and be left with money to spare as profit. I do not see that changing.

Glenn
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