Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: brad greene who wrote (89375)	1/2/2000 4:17:00 AM
From: KeepItSimple	Read Replies (2) \| Respond to of 164684

>Do you know how hard it is to go form -12% to even 3% margins in retail?...... Dude, if you couldnt detect the sarcasm in my message, perhaps you need to take a break from SI, read a few books on modern literature, then get back to us. cheers

To: brad greene who wrote (89375)	1/2/2000 10:18:00 AM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 164684

States will not allow their tax base to be eaten away......and to assume that sales taxes will not effect buying habits....would be a mistake. Look for action in the next legislative session. The retail jewelers of America organization is also lobbying for sales tax for e-commerce. The online jewelry sales are miniscule but the lack of sales tax is a major issue. Sales tax for e-commerce will come to be this year. Glenn

To: brad greene who wrote (89375)	1/2/2000 10:38:00 AM
From: i-node	Read Replies (2) \| Respond to of 164684

And watch the sales tax get slapped on the E-Tailers this year......it will shave 30%+ off of your somewhat wishful sales estimates for next year. Where does this figure "-12% Margins" come from? I've not seen any major players with negative margins... The sales tax is definitely coming -- no question. But I'm not sure to what extent it hurts AMZN & others. My sense is they are competing more against EACH OTHER than they are against local retailers. I do not believe the sales tax will kill internet retailing. And if it doesn't, then I am confident AMZN will be a survivor.