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


To: re3 who wrote (77445)9/16/1999 11:40:00 AM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
re chapters...i can't understand this ipo...what are they spinning off here, a business where you order books online...is
there any evidence that money can be made at that ? is Mr Bezos around ? maybe he can answer my question.


Ike,

Based on my converstaion with BNBN IR, I suspect that the Amazon core book business is slowing rather than growing. Keep in mind this was not specifically said. Rather than focusing BNBN here, I am not long AMZN due to my long ago prior concerns about profitability. The market does not seem concerned. Please understand I have no point here that is significant. I just can't determine how AMZN will ever turn a profit with the added costs of all those distribution center if they do not go into major appliances and other higher margin products. The electronics will not do it for them either. There is nothing int heir present product line that I can see as a profit center at this point in time.

Glenn