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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.70-1.2%Nov 14 9:30 AM EST

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To: H James Morris who wrote (41539)2/20/1999 10:54:00 PM
From: Alomex  Read Replies (2) of 164684
 

RCA actually went out of business, because they sold their computer's for cost, but their customer service was great.

That is surely a recipe for disaster. The question is if Amazon is selling each book at a loss, or selling books is profitable but they are spending in one time items (such as building warehouses) and then be profitable.

Until recently I thought it was mostly one time items. However, the latest quarter figures, where AMZN reported a fat X-mas sales bonus and still their earnings situation did not improve has introduced doubts in my mind.
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