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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 245.19-2.0%2:26 PM EST

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To: GST who wrote (68678)7/22/1999 11:50:00 AM
From: Randy Ellingson  Read Replies (2) of 164684
 
This is the report of a struggling company.

Struggling with what in particular? Their efforts are toward increasing revenues, and they are certainly not doing badly in that regard. With a run rate of $1.25B and rising, how can you say they are struggling? Is it your opinion that expenses are out of control? Should they build fewer distribution centers? Should they spend less on expanding their product offerings?

Their stock will fluctuate, but do you really see signs of the end Glenn (until recently) predicted for several years? And I doubt people will really care about this stock split a year from now; they're happy to have the market value the company as opposed to having the stock detach as its own entity. Maybe we'll see 30, who knows?

BTW, here's a link to Q2 call (available until July 28):

webevents.broadcast.com

Randy
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