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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.19-1.8%Dec 12 3:59 PM EST

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To: Chi Pan who wrote (3685)4/30/1998 2:59:00 AM
From: zebraspot  Read Replies (2) of 164684
 
You long term bulls ask yourself: Would Warren Buffett be buying AMZN at these levels?
At any level?

Hypothetically speaking**, why wouldn't he?

Tough Competition. No barriers to entry. Lousy margins. Lousy R.O.E. Cyclical business. Slow growth. Unproven management. Concept stock.

No margin of safety at current price. (Negative margin of safety, actually),

His is "ancient thinking", too?

**(I believe he has said that retail is a lousy business, and he does not invest in it, so this has to be hypothetical).
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