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To: Glenn D. Rudolph who wrote (38364)2/5/1999 8:19:00 PM
From: Bill Harmond  Read Replies (2) | Respond to of 164684
 
>>I doubt Bezos or Covey has a clue regarding the profitability of the book business.

You really posted that?



To: Glenn D. Rudolph who wrote (38364)2/5/1999 8:47:00 PM
From: Mark Fowler  Read Replies (2) | Respond to of 164684
 
I doubt Bezos or Covey has a clue regarding the
profitability of the book business.<<

Glenn, your starting to scare the shit out of me again. ;-)

Have a good weekend!



To: Glenn D. Rudolph who wrote (38364)2/5/1999 10:25:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
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To: Glenn D. Rudolph who wrote (38364)2/6/1999 12:57:00 AM
From: Dwight E. Karlsen  Read Replies (2) | Respond to of 164684
 
Glenn, I agree with all your accounting points, and let's not forget that Amazon counts "some" fulfillment costs as "marketing expenses".

So in other words, if we didn't have marketing expenses, we would have profits, and as it is we have "margins" of 22.6%...duhh...and the dumbass analysts just suck it all up.