Tom
The profit was starting to warm my profit on monday, then wow!.
I must admit your right on, with Amzn executing their business plan flawlessly. Regardless of my own opinion of this Co, they sold almost $100mil worth of books (thats a lot of books, and even I bought one).
The fact they also lost $9mil doing it, really does show that Wall Street doesn't give a shit about the profit side, it obviously assumes that, sooner or later, they'll show up.
I could get into the flaws, I believe still exist, like how will Amzn handle California and the rest of the states coming after them for $mils in not collecting sales tax?
How long can this whole sector last, selling their books @cost+?
But, alas, some of these questions Wall Street probably won't get to till
???.
Congratulations on becoming another Amzn Millionaire, or is Billionaire?
In the meantime, might I suggest that you put all your hard earned profits in Aol before it gets to $5000ps, because short of a nuclear war, nothing will bring this hummer down. |
