Amazon.com, Inc. (AMZN) Message Board

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

AMZN 220.66

+1.6%

Nov 21 9:30 AM EST

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To: GST who wrote (100877)	4/14/2000 8:57:00 PM
From: KeepItSimple	Read Replies (1) of 164684

Yahoo is a glorified certificate of deposit that earns about .1% return per year. 85% of their "earnings" last quarter was interest income generated by cash sitting in the bank from their secondary offering. The amount of operating revenue Yahoo generates doesn't even cover their expenses. Not by a long shot. Hardly what I would call a runaway success, no matter how hard william pimps otherwise. Well, it has certainly been successful for the insiders- they've sold billion$ in shares to the public. Around 10x the total amount of revenue Yahoo has brought in since its inception. Pretty good scam, if you ask me.

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