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

To: H James Morris who wrote (27805)	11/24/1998 7:14:00 PM
From: Glenn D. Rudolph	Read Replies (5) \| Respond to of 164684

<If there is anyone out there who actually believes this catalog retailer is worth 12 billion, they need to have their head examined..> It appears to be a wonderful season for head Doctors. James, Peter Jennings on ABC national news just had a special on interent stocks and AMZN specifically. I too the special to be very bulling and Peter Jennings has no clue. He compared BKS sales on the net only to AMZN's at this point in time and AMZN's increase sales last quarter. He made mention that AMZN needed no inventory He stated that as AMZN becomes busiers, they just add some clerks and a telephone. Then there was a computer drawing of a books on a table and he stated the BKS would need shelves as they grow. He also stated AMZN will be profitable in 2001 as though that is fact. Lost of missing facts. Someone at AMZN has to do fulfillment and fulfillment costs currently exceeds gross margins. AMZN is increasing inventory on hand and needs more distribution centers. It was enough to make one sick<G> Glenn