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

To: Glenn D. Rudolph who wrote (102299)	4/27/2000 8:11:00 PM
From: Rob S.	Read Replies (2) \| Respond to of 164684

Glenn, I admire your tenacity. I pretty much gave up on trying to argue that AMZN and others will not make enough money to justify lofty expectations - if they make any at all. The IBM and other studies (my own included) theorized a few years ago that etail business would be particularly price competitive and that the relatively high costs of operations vs. ease of shopping around would inevitably lead to "razor thin" margins. But no, the pimp ANALysts concluded that net margins would be LARGER than 'ol brick 'n mortar retail. The recent study and figures notwithstanding, I doubt most investors, or sub IQ analysts will "get it" until their pockets are picked clean.