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

To: umbro who wrote (12399)	8/3/1998 12:45:00 AM
From: Randy C.	Read Replies (1) \| Respond to of 164684

Asia down ... NIKKEI 225 INDEX (NKY) 16177.41 -201.54 -1.23% 0:31 HANG SENG STOCK INDEX (HSI) 7565.60 -370.59 -4.66% 0:29 ASX ALL ORDINARIES INDX (AS30) 2678.20 -26.40 -.98% 0:32 SING: STRAITS TIMES INDU (STI) 1063.49 -0.71 -.07% 0:30

To: umbro who wrote (12399)	8/3/1998 1:52:00 AM
From: Rob S.	Read Replies (1) \| Respond to of 164684

I've studied this issue quite extensively for my own inet business plan and don't think that 10% or 15% commission rates are sustainable. Nice to get the business going and get associates fanatic about the money they envision making, but it is in La La land for future competitiveness. B & N's numbers look more sustainable. The bottom line is that the cost of commissions can't afford to exceed the cost of advertising and promotion through other means. If it does, then the COGS must be higher than competitors to maintain the same profit level.

To: umbro who wrote (12399)	8/3/1998 7:48:00 AM
From: Glenn D. Rudolph	Respond to of 164684

As you can see, both of them have "up to ..." clauses. Without knowing the details, it is difficult to know who pays better. Gary, I did read these on the sites a month or so ago. I believe there is further information on both sites and in some cases Amazon pays nothing. I also recall Barnes and Noble always pays something. The percentages varied depending on when a certain item was being promoted. Both companies have intentional misleading statements regarding the programs. Amazon is the worst because they use the up to 15% which applies to very few items. Amazon also mentions this up to 15% in every press release they have and in their 10Ks and 10Qs. They never mention the non payment products or the 3% in any of their publications. It is the same hype Amazon has been doing for a long time now. Glenn