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Non-Tech : Kirk's Market Thoughts
COHR 193.50+1.3%Jan 20 3:59 PM EST
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To: Da Rookie who wrote (2508)1/2/2015 5:36:12 PM
From: Kirk ©1 Recommendation  Read Replies (2) of 27110
 
$7B here... $7B there and pretty soon you are talking about some real money!
As Amazon finished its worst year on the market since 2008, CEO Jeff Bezos saw his holdings lose about $7.4B in value after shares plummeted more than 22%. Shareholders punished Amazon (NASDAQ: AMZN) for its free spending on projects such as the Fire smartphone and a widening network of warehouses, despite other areas in the company's business model seeing growth, including Prime membership and Amazon Web Services.
I like to buy stocks like this AFTER their air is let out.... I just wonder if any of them will show big profits as we shop online and a big benefit of buying from Macys, Costco or even WalMart online is we can return items to Brick and mortar stores.... but I guess we can also return stuff via mail, but with more cost and hassle.

As I look at what Dish wants to deliver TV and how many channels you can get directly via the internet.... I get tempted to by something like TiVo to DVR what I want and cut costs.... which is what many do and it makes Amazon Prime another channel they can split off and charge extra for eventually....
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