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


To: Bill Harmond who wrote (43937)3/4/1999 7:04:00 PM
From: Sarmad Y. Hermiz  Read Replies (2) | Respond to of 164684
 
William

Amazon lost money even when they had no warehouse and were drop shipping from Ingram's warehouse. Why did they settle in Seattle, if not to use Ingram's warehouse ? What happened to that plan ?



To: Bill Harmond who wrote (43937)3/4/1999 8:44:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
>>why is it that a convenience store can make profit on $200k per quarter, and amzn
can't at $200 Million per quarter?

Because Amazon has built infrastructure for a multibillion business. I can't believe the
cementheads (a term I used affectionately alot last year) can't get it.


William,

The fundamentals are playing out as I predicted. You were anticipating a close to breakeven year in 1999 or the year 2000. It is not even close. Why is it the cement heads here do not get it? <G>

Glenn