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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.49+0.2%Dec 30 3:59 PM EST

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To: GST who wrote (135080)11/26/2001 12:44:17 AM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 
Selling at a loss seems to be what many people are doing these days -- maybe AMZN was ahead of their time after all <g>


GST,

Now that I took this additional type of selling channel seriously, it becomes only too clear how incompetant Amazon is.

The current situation of firms selling at a loss is not all due to bad management. I saw your comment on the automotive industry. They are paying the price for oversupply. Different businesses cycle at different times. Those that will remain do cycle to profitable years more often than not.
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