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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 237.58-2.7%Nov 13 3:59 PM EST

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To: Bill Harmond who wrote (93081)2/7/2000 6:24:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 
Glenn, this post seems downright bitter. The Amazon numbers were great, they show a
roadmap to profitability, and they say that they can finance any needed Capex this year in the
US internally.

Pretty good.


William,

Your are incorrect. I am not bitter but pointing out the facts. The quarter's numbers were terrible. Growth in the core book buiness was very bad. Inventory management had the signs of no experience at all. Funding will only work if they can keep the stock price afloat. I see that not occurring in a good market. The analysts, although upgrading, are predicting greater not smaller losses in fiscal 2000. How much worse can this get?

Seriously my friend and I really mean this, you do not see a problem with this firm?

Glenn
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