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


To: Alomex who wrote (41541)2/21/1999 9:29:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
but they are spending in one time items (such as
building warehouses) and then be profitable.


Alomex,

Amazon has never built a wharehouse. They have have paid for some dollys (sp). Amazon's costs of fulfillment still exceeds the gross margins on their books and all other items they sell. Every sales is at a loss.

They are improving their business plan. They are increasing those losses at about 100% per year. That is impressive don't you think?

Glenn



To: Alomex who wrote (41541)2/21/1999 11:19:00 AM
From: H James Morris  Respond to of 164684
 
>> The question is if Amazon is selling each book at a loss, or selling books is profitable<,
I know that some of the books they sell are profitable. I have a friend who is a rare book dealer. He is tied into Amzn. When Amzn gets a rare book order. They go out and try to find it from my friends of the world. Apparently there's $bucks to be made with that approach, but more for the little independent seller, than the giant,monster, juggernaut bookseller. Like the "Thing".
All that said. What does it matter?? It's never been about books, according to Bezos, but it sure is, about the debate of his stock price.
Don't you think??