Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Sarmad Y. Hermiz who wrote (57939)	5/22/1999 6:44:00 PM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 164684

>> Amazon.com Inc. will begin leasing up to 800,000 square feet near Atlanta for a regional distribution center, << The insanity has reached an unimagined scale. This is the catalyst to drive the stock under 80. Sarmad, The entire concept of the business model was to have very little brick and mortar expenses. Also, there was to be very little inventory. According to my rough calculations, Amazon has leased about 3 million sq. ft. of distribution space. I agree about the catalyst. The original business model clearly did not work. Amazon will soon have more brick and mortar expenses than BKS with a far less sales revenue and lower gross margins. I am totally lost on their plan if they have one. Glenn