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

AMZN 234.80

+0.7%

10:10 AM EST

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To: Lizzie Tudor who wrote (107448)	8/23/2000 5:49:06 PM
From: Skeeter Bug	Read Replies (2) of 164684

lizzie, i remember the analysts saying 1999 was profitable in 1996 - 1997. they bumped it to 2000 after it became apparent they were wrong. now it is, what, 2003? i don't think folks that bout this dawg at $100 expected these kinds of results. >>toys r us can still trot along w/o too much trouble then it is a win / win for toys r us. << you forget the "if" at the beginning. how do you disagree with a question? you take it out of context. i don't know enough about the deal to comment on the details - so i didn't. toys r us might be super dumb. a web store makes sense for many companies. my guess is toys r us benefits from marginal web sales (good, but not a billion manna falling from heaven) and their downside is limited to their investment. >>Amzn failed because it ramped too quickly<< shoot, that was #1 on the business plan. get big quickly and squash everyone else. amzn has an idea what needs to be charged in order make a profit. RAISE PRICES. is this rocket science? they don't. why? i know. >>That doesn't mean its going away.<< i never said it was going away. i said it is a cut throat competitive industry that ought to send chills down a shark's spine. many companies are going bust weekly. many web sites are dedicated to fallen net companies - companies that no longer exist. i expect amzn to be a marginally profitable company (less than $100 million) eventually. the debt may end up crushing them, but they probably survive in one form or another.

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