RE: Amazon.com

[Colin Williams <Williamsc@xxxxxxxxxxxxxxxxx>]

Exactly. The guys who are going to make the most money in ecommerce are
not the retailers, 
but the companies selling services to the retailers

-----Original Message-----
From: Jerome Draper [mailto:jdraper@wco.com]
Sent: Thursday, January 27, 2000 11:41 PM
To: MIDRANGE-L@midrange.com
Subject: Re: Amazon.com


Why do they need to make a profit?  

Amazon.com is a shell company that has an enormous cash flow since they
often receive payment for the goods they sell long before they 
have to pay
for them (sometimes 45-60 days later).

Meanwhile, many, many businesses sell services to Amazon.com 
for which they
get paid (advertising, shipping, telephone, internet, computers, people,
etc.).  If these folks are making money from the amazon.com 
shell who cares
if Amazon.com makes money.  Is this the ulitmate ponzi pyramid or what?
And people (they probably vote too) actually invest in this 
darling of the
internet company.

Jerry


At 02:42 PM 1/27/2000 -0600, you wrote:
>Saw an interview with Amazon's owner--They do not expect to 
make a profit
>for at least 2 
>more years
> 
>Kathy Rick  
> perotsystems 
>AS400 Operations
>972-664-5523
>800-221-3935


Jerry Draper, Trilobyte Software Systems, since 1976
Specializing in connecting PC's, Windows, MAC's, and LAN's to the AS/400
Representing Synapse, Apple, UDS, Nlynx, Perle, Lucent, etc.
(415) 457-3431; (415) 258-1658fax; jdraper@wco.com
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