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 244.68

+2.6%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Victor Lazlo who wrote (145899)	8/20/2002 10:25:51 PM
From: Bill Harmond	Read Replies (1) of 164685

Victor, remember that stats from 2001 were polluted by fraudulent input. We had the likes of Global Crossing and Worldcom swapping bandwidth and putting it on the ledger wherever it would give their executive options the most juice. When Worldcom (or Global, or Williams) said their CAPEX would be a certain number, Wall street dutifully entered that figure in their models (as did every telecom equipment vendor, with implications in R&D and headcount) while the numbers were total fiction. Trust broke down and the system collapsed. None of that had to do with end demand, which chugged along at its (in retrospect) 100% annual growth rate. All this is being rationalized now.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next