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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.47+0.6%Nov 28 4:00 PM EST

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To: American Spirit who wrote (71820)3/12/2001 12:39:40 AM
From: JRI  Read Replies (2) of 99985
 
American...any company losing money at the rate of Amazon does not have a "tremendous global franchise"....this is 2001, not 1999....hype doesn't cut it anymore..

If Amazon has such a great franchise, why don't they raise the prices of their books $5 tomorrow, and start making money? That's what strong global franchises do (make money)..

Amazon needs Wal-Mart a heck of lot more than vice-versa.....the boys in Bentonville are as backwater as Buffett, and about as smart too...given Wal-Mart is in the driver's seat, and those guys wrote the book on tough negotiating, don't expect any sweetheart deals for Amzn...
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