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

To: John Donahoe who wrote (57881)	5/22/1999 1:54:00 PM
From: Glenn D. Rudolph	Read Replies (3) \| Respond to of 164684

Snippet from your link: The higher margin side of Amazon's business hasnít come into full swing, but I can already see hints of the companyís expansion plans. Critics will eventually realize that Amazon's direct fulfillment e-commerce services, such as books and music, will serve only as a foundation for its auction, shopping-engine and advertising revenues. Look at the book and music sales as necessary loss leaders, or only marginal performers if you like. It's the newer Amazon services like Amazon Auctions and Shop the Web that provide higher margins by leveraging the existing customer base. Covey stated unequivically that the revenues from auctuions and shot the web will not affect the bottom line. Apparently, this "Ranging Bull" does not listen to the conference calls. Glenn