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Technology Stocks : shopping.com (IBUY)

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To: afrayem onigwecher who wrote (161)12/8/1998 10:49:00 AM
From: Sir Auric Goldfinger  Read Replies (2) of 435
 
Accounting 101: Gross margin does not equal operating margin. IBUY has a 5% Gross Margin. AMZN does not have a 50% operating or gross margin. AMZN has a 23% gross margin. Even though that sux, it is almost 5X that of IBUY's gross margin. AMZN has a negative 13% Operating margin (last Q numbers). IBUY has a negative 25% operating margin.

I don't own any AMZN, I think it is a pig. However it is a far more real company with real players behind it and people who know how to execute in volumes (did you notice they hired some operations people from Walmart?). Wall Street loves it.

IBUY is a weak cousin by comparison. It's got crims, SEC problems and the worst reputation for service. It chews cash and there is no tomorrow. Sell the pig!
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