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

To: Mark Fowler who wrote (79228)	9/30/1999 9:44:00 PM
From: Glenn D. Rudolph	Respond to of 164687

We differ in fundamentals. Amazon receives little revenue from this and on the one click, they still have to pay the processing company.<< Mark, My error in rushing. I should have said "will receive." You are correct they just opened it. Message #79232 from Mark Fowler at Sep 30 1999 9:34PM We differ in fundamentals. Amazon receives little revenue from this and on the one click, they still have to pay the processing company.<< Heavens sake they just started Zshops yesterday and what processing company are you referring to? The one click technology is the use of a credit card. Amazon has to have a "processing company" approve and clear credit cards. These firms take a percentage fo the sale and typiclally a transaction fee. This is not spefici to Amazon but to every retailer that takes plastic that is not their own. Amazon has to go one step further and disburse the funds into the merchants account and I suspect that will be an ACH transfer. Glenn