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 234.70

-1.2%

Nov 14 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: LWolf who wrote (797)	11/17/1997 6:57:00 PM
From: William T. Katz	Read Replies (1) of 164684

Amazon warns of greater losses [From Infobeat ... hones in on my previous summary of recent SEC release] Online bookseller Amazon.com has warned the expense of adding infrastructure, warehousing inventory, and marketing efforts are likely to lead to more rapidly growing losses. The alert, which was part of the company's original IPO filing, was reiterated in the company's quarterly 10-Q report, filed with the Securities and Exchange Commission Friday. Part of the reason is likely to be increased competition. Amazon.com offers 20 to 30 percent discounts on almost 400,000 books, the company said in the report, adding, "The Company believes that offering its customers attractive prices is an essential component of its business strategy. The Company may in the future expand or increase the discounts it offers to its customers."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next