Z Best Place to Talk Stocks 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.

Strategies & Market Trends : Z Best Place to Talk Stocks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Larry S. who wrote (44319)	10/25/2002 9:16:12 AM
From: Joe Stocks	Read Replies (1) of 53068

>>>is using its platform to provide internet sales for other companies<<< They buy a product fo $7.50. They sell it for $10.00. And then they spend $3.00 to delivery it. Guess they make up the difference in volume! >>likely takeover candidate<< Disagree. AMZN's business plan sucks. Not as bad as WebVan but everyone loved Webvan but they just couldn't make money. With a market cap of $8 bil and over $2 bil in debt with no profits, I doubt anyone is in the market to buy this train wreak. Only $1.5 bil in assets yet liabilities $3 bil. I congratulate AMZN for being able to pull this one off for so long. Hell, if you read their press release their claim to profitablity is to to keep reducing their prices. No pricing power. That's not good. From Briefing.com- 8:01AM Amazon.com downgraded at Prudential, RBC (AMZN) 19.86: Prudential downgrades to SELL from Hold and maintains their $10 price target, saying they do not believe the co's fundamentals of the business are exciting enough to justify the current valuation. Separately, RBC Capital downgrades AMZN to SECTOR PERFORM from Outperform based on valuation; price target is $20.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next