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

To: DO$Kapital who wrote (34026)	1/10/1999 12:07:00 PM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 164684

A "skeptic" says that Amazon shouldn't be here based on the "rigorous" back-of-the-envelope comparison with Wal-Mart. But an opportunist says, Give me a break. Wal-Mart is a company with $183 billion in market cap that is burdened by pilferage, sales tax and inventory concerns. It has massive real-estate costs with all of the attendant costs: electric, insurance, health care, blah, blah, blah. Amazon is a company with a $22 billion market cap with none of those burdens. I subscribe to TSC and typically agree with a lot of Cramer's opinions. However, he made the above statement on CNBC this last Thursday I believe. This has flaws: Sales tax will become an issue. Pilferage from employees becomes more of an issue as one has more employees. Especially temps. AMZN needs to stock inventory and it has to be stored in brick and mortar buildings. Glenn