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

To: Glenn D. Rudolph who wrote (37897)	2/2/1999 1:53:00 PM
From: Randy Ellingson	Read Replies (1) \| Respond to of 164684

Just a Gentleman's bet. One of us has to admit they were wrong:-) So it may be awhile before there's any clear winner... Would a "real" $1 per share of earnings force you to concede? <g> Randy

To: Glenn D. Rudolph who wrote (37897)	2/2/1999 6:05:00 PM
From: Bill Harmond	Read Replies (5) \| Respond to of 164684

>>Just a Gentleman's bet. Your bet's as good as lost. You're toast... The earlier you get through the denial/anger/negotiation/resignation stages on this one, the more comfortable you'll be in your old age. Here are the specifics on your negative inventory carry (from memory). Amazon: Delivery into inventory, day 1. Sale, day 14 (average). Payment recieved, day 16. Amazon pays vendor, day 58. Chain stores: Delivery into inventory, day 1. Sale, day 190 (average). Payment recieved, day 192. Chain pays vendor, day 81.