Amazon.com, Inc. (AMZN) Message Board

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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 234.37

+0.2%

3:59 PM EST

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To: TFF who wrote (3493)	4/27/1998 9:17:00 PM
From: Mark Myword	Read Replies (3) of 164684

Now Irby , come on... you (or news.com) must know that the REVENUE number is 87.4 million , but they STILL LOST MONEY !! This is a money-losing website , that is now veering away from their core business , books , in search of a profit somewhere. To attempt to boost the stock , they split it !! What a sham !! This gets to be more of a joke with each passing day. Wake up , everybody - it's a website and a warehouse or two - that's all, folks ! It's probably not even worth $50 million , since it has never made a profit , and quite possibly never will. Their assets are...what ? A bunch of books ? That they sell to lose money ?? Maybe the market is valuing hype as an asset , 'cause there sure is a lot of that floating around AMZN. A 2 billion market cap is obscene.

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