Amazon.com, Inc. (AMZN) Message Board

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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 243.08

-2.9%

3:59 PM EST

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To: Bill Harmond who wrote (68752)	7/22/1999 2:09:00 AM
From: Eric Wells	Read Replies (2) of 164684

>>He said the same with music last fall and he was right. He may have been right in the past, and he may be right now. My own view is that Bezos asks investors to take too much on faith - not only in his claims about market share (as in this case) but in his promises for future profitability. His words about market share would carry a lot more weight with me personally if he provided data to back them up. As an investor, I want data when evaluating market share - I don't want beliefs. When Bezos states he "believes" they are number 1 without providing data, it makes it appear as though he is grasping at straws in trying to justify the company's continued losses. -Eric

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