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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts
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To: Lizzie Tudor who wrote (47272)7/30/2000 5:58:44 PM
From: The Phoenix  Read Replies (4) of 63513
 
No doubt - the income statement doesn't look that good when you consider the cost of building the franchise. However they are making money on sales and G&A and marketing costs will come into line as the franchise builds out.

Anyone arguing against AMZN on the net is a hyprocrite in my book since AMZN is one of THE franchises on the net. If AMZN can't cut it we will all be folding up shop. They're trading at 5 times revenues - seems pretty cheap to me (again notwithstanding costs of building the franchise) and seems like little downside especially with the holidays around the corner. If they can't go it alone they'll get bought by Wmart or Kmart or some other mart but I wouldn't hold my breath. 10 years from now folks will be kicking themselves for not having bought AMZN. Of course this is all JMO.

OG
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