Roger's 1997 Short Picks 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 : Roger's 1997 Short Picks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Proud_Infidel who wrote (6368)	11/2/1997 1:08:00 PM
From: Zeev Hed	Read Replies (2) of 9285

Brian, AMZN has annualized sales of about $200 MM and they require very little working capital (I looked at their recent 10Q and with sales of $48 MM they had zip receivable, the power of the internet trade). If we go into a major correction as I expect, yes the stocl could and should falter, but I think you can find companies that have a real chance of failing due to cash shortage, AMZN might not be one of them. They are the architects of using "other people money" to run their business. No inventories, large payables and no receivables. What a country. They could reach sales rate of $500 MM within a year and then a capitalization of 3 times sales might not look that outrageous. Zeev

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next