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

AMZN 231.50

+1.6%

11:49 AM EST

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To: Bill Harmond who wrote (51078)	4/18/1999 1:01:00 AM
From: KeepItSimple	Read Replies (3) of 164684

>Both Yahoo and eBay have gross margins and operating margins as high >as Microsoft...about as high as they get. William, you can do better than that. High margins mean absolutely nothing if the volume isnt there. A Rolex watch has a margin of around 500% to the manufacturer- unfortunately the potential market of buyers for a 3 thousand dollar watch is quite small. I ask again. It's been a good 5 years since the net started to become commercial. Why hasnt any company started make a KILLING in a pure net company? Profit margins dont mean a thing when you're only making 20 million in profits a year and have a 40 billion market cap. Of course, you can't answer this question, and nobody who cheerleads for the bloated market cap of today's net stocks can either.

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