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

AMZN 242.94

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Feb 2 3:59 PM EST

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To: Glenn D. Rudolph who wrote (43858)	3/4/1999 1:59:00 PM
From: Sarmad Y. Hermiz	Read Replies (2) of 164685

Glenn, Expectation of large profits selling prescription drugs on internet are absurd. Many long term drugs are for well off elderly who are covered by insurance, or government programs. The insurers do have the clout to negotiate reasonable prices that only pay for the resellers salaries and a modest return. There is no reason to pay more. Any competent programming team can program a very good web site for under $10M. If there were $billions of profits available, you, and I and a couple other people could bankroll a system like that and capture some of those $billions. You and I may not be interested, but others are. If they can't do it with books, where the buyers are not organized and can be swayed by "fun" and "suggested reading list", how are they going to do it with non-hallucinatory drugs ?

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