Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

AMZN 226.10

+2.5%

Nov 24 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: hdl who wrote (119335)	3/5/2001 11:38:17 AM
From: Reilly Diefenbach	Read Replies (2) of 164684

hdl, I swear I am NOT trying to pick on you, but you shorted Dell in single digits, rode it to its high at 59, and covered and went long (if I am correct) in the low 30s. I know that you know the pain that can come with shorting and I respect your experience. Dell, at the time that you shorted it, had great fundamentals and was growing revenues and earnings at near a 50% rate. The difference here is that Amazon does not have great fundamentals, it has lousy fundamentals. Its current business plan will never allow it to make a GAAP profit and its debts will weigh it down for the rest of what I anticipate will be a short remaining existence. I believe that there is no deal with Walmart (nothing substantial for Walmart to possibly gain) and that the rumor and today's price action are a result of large investors wanting to get out. Good luck and regards, Stephen

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next