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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: American Spirit who wrote (22347)11/28/1999 1:19:00 PM
From: Lee Lichterman III  Read Replies (3) of 42787
 
You may be correct form a trader's viewpoint but fundamentaly this is a joke. The more e-tailers sell, the mroe money they lose. AMZN's last earnings statement clearly showed that despite sales more than doubling, losses climbed also. Losing money on each sale doesn't increase earnings if you sell more, it just makes the losses bigger. In other words, if you can catch a dumbing down of the masses move up on the hype from CNN and Clinton this weekend, great, but sa a "fundamentaly" good trade, you would be better shorting them right before earnings. Note that AMZN actually dropped as analysts and the big money is tired of the losses and are finally saying enough. They want to see some proof that they will make money someday. If AMZN shows a larger loss again next earnings release, the nets could finally get the haircut they deserve.

Good Luck,

Lee

Good Luck,

Lee
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