[CANSLIM] eCommerce stocks

From: "Robin Gridley" <gridley02@earthlink.net>
Subject: [CANSLIM] eCommerce stocks
Date: Tue, 19 Nov 2002 08:58:03 -0800

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One thing that is making me a little bit nervous
re: eCommerce stocks like Amazon etc. is the idea
that they will very likely soon have to start
charging and collecting sales tax. Last thing I
read a couple of days ago was that 20 states (CA
included...) had almost reached agreement on finally
implementing sales tax req's on Internet biz. Many
states that have passed on this before are now 
pursuing aggressively as it's seen as a place to
go for much needed revenue.

When you eliminate the pricing advantage that they've
had because of being able to avoid sales tax I think
you're going to see increased competitive pressure. And
with some of them like Amazon only just starting to
show black ink, I'm going to sit out and wait 'til
the dust settles.

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