ok, James, I do not believe IMO that amzn can or will make money, but its just IMO as i said...OTOH, it is a legitimate biz, and what i figure will happen is that it will be viable in some way shape or form...i don't think there are bad businesses, just bad cost structures...perhaps a company can go bankrupt, then consolidate at 1 for 100 or 1 for 1000...the funny think about the net is i think all the big players are way overvalued, i.e. aol, amzn, ebay , etc...busineses that will do well will be ones like the gap or nike who have sites that provide add on business to the bricks and mortal biz that already makes $...
i don't belive the ten yr thing is fraud, people are betting on a pipe dream, but its not like there is nothing there...you can see the web site and verify the acquisitions...and you know he is losing money...that is not hidden...
outrageous claims are not being made by amzn IMO, i.e. he said he'll take time to make $...this compares to a claim of a zillion ounces of the yellow metal...
i was more upset about what you said to Glenn, listen I know none of you personally, but what you said wasn't funny...
IKE |
