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: Lizzie Tudor who wrote (151052)	12/27/2002 4:24:10 PM
From: Alomex	Read Replies (2) \| Respond to of 164684

The difference from what I can see between a retail portal and a portal is it is product driven with retailers lining up by general sku. Question is, why would a retailer list its wares right next to the competitors so people can compare prices and pay Amazon sales commission in the process? Plus, even if Amazon came to dominate this sector of the market all they would be doing is taking a percentage of the profits from already established retailers, with cutthroat margins. In other words, even if they came to dominate this "portal" market (which remains to be seen) the entire take in profits is about $1 billion. In other words, Amazon was trading a few days ago at a P/E of 10 over the entire profits it would earn if every single retailer signed up with them... Portal, retailer, the world's largest bookstore... call it what you may Amazon is overpriced.