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

AMZN 228.76

-1.6%

10:22 AM EST

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To: Rob S. who wrote (26614)	11/18/1998 12:26:00 AM
From: Glenn D. Rudolph	Read Replies (1) of 164684

Yes price to sales and yes, it makes no sense compared to the fat-margins on sales that portals get. CNBC should have reported that Yahoo! has 80% gross margins and little "fulfillment costs" while Amazon only has 32% gross margin and 30% fulfillment cost (exclusive of overheads). I know. That cost me about $3k in losses before I covered the short. That was really a stupid comparison. Glenn

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