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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Eric Wells who wrote (64852)6/27/1999 6:16:00 PM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
Amazon enjoys an immediate advantage over the bricks & mortar Borders bookstore
four blocks from my office, in that if I buy a book on Amazon, I pay no sales tax -
whereas at Borders, I do. I see no good cause for the government to intervene here -
government intervention in this case is only helping to reduce Amazon's prices in
relation to the competition, and therefore, improve it's business.


Eric,

This issue has been beat to death on this thread months ago. It is my opinion that people are not that price sensitive on small ticket items such as books. I doubt the tax advantage presently given to AMZN matters much and nothing would change if it were lost.

Of course getting Americans to change
their attitudes and habits with regard to driving cars is a much more difficult task than
adopting e-business practices,


I am not sure I understood your meaning here but e-commerce will not reduce the amount of driving done, gasoline consumption, etc. In fact, it will increase it.

Glenn



To: Eric Wells who wrote (64852)6/27/1999 7:05:00 PM
From: Rob S.  Respond to of 164684
 
Eric, I don't like "government intervention" either - that's why I would like to see fewer taxes and less interference. But being a bit realistic about it, the blue meanies are bound to put some taxes on the Internet and interfere with it despite whatever you and I might think. Given that government is not likely to "whither and die away" in my lifetime, I'll stick to advocating restraint. - Tax less, meddle less. Maybe if ecommerce gains an advantage then that will motivate the rest of the country to push for lesser government altogether.