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

To: Bill Harmond who wrote (44297)	3/6/1999 5:06:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

Now, where are the retail store leases in the Amazon 10Q? William, Unfortunatly for Amazon, they do not have any. Therefore, they cannot command the gross margins and have the customer do the fulfillment at no charge so they may turn a profit. Amazon will continue to operate at a loss unless gross margins exceed fulfillment expenses. The will not occur since the customer will never do the fulfillment for Amazon at no charge. Amazon needs to charge more than a retail store to become profitable. I see you are beginning to understand how this works;-) Glenn