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: Victor Lazlo who wrote (106945)	8/4/2000 10:41:02 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

Many retail veterans believe Amazon will never turn a profit for the simple reason that it doesn't make enough money on each item sold to cover its costs. "Jeff Bezos never understood the concept of a retail gross margin," says Thomas Friedman, president of Retail Systems Alert Group, a Newton, Mass., firm that provides retailers with information-technology research and advice. "Every retailer in the world from biblical times has understood that concept. For some reason, when he created his business model, he ignored it." I said this first<VBG>