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


To: Bill Harmond who wrote (134845)11/16/2001 2:25:51 PM
From: Oeconomicus  Read Replies (1) | Respond to of 164684
 
You've described/listed technological improvements over a paper catalog (not a new business model) that should have improved the economics of the business. So why can't Amazon make money on $3 billion of annual sales? Lands End earns 10.5% on its assets and 17% on its equity with only $1.5 billion of sales. What's wrong with AMZN?