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

To: Glenn D. Rudolph who wrote (89026)	12/29/1999 11:24:00 PM
From: Victor Lazlo	Read Replies (2) \| Respond to of 164684

<<I believe Amazon buys their inventory. That is the inventory they were never going to have to carry because they only order it once it is sold<G> They are paid first and pay for the inventory later. Quite a business model. This gives Amazon a huge advantage over brick and mortar operations. It is easily seen how this leverage really helps by looking at the P/L statement and the balance sheet.>> Wow that will be the stake through their heart. Are you sure re their competitors? I assumed bookstores do the same thing as grocers- charge $$ from the suppliers for best placement on their store shelves- ya know - eye level and all that! And the baseline would be sales on consignment from the publishers, even for brick stores. Book publishing has become incredibly competitive. But i am not in the bus, so I don't know for sure.