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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.55+0.2%Dec 5 9:30 AM EST

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To: Caroline who wrote (3737)4/30/1998 6:49:00 PM
From: Mark Myword  Read Replies (1) of 164684
 
Caroline - are you aware that BKS does all the same things at their site ? And offers the same price ? and others guarantee a lower price ? and new players joining the game will undoubtedly compete with still lower prices and other add-ons ?
That's why the valuation is ridiculous - this will be a highly competitive business and nobody will make much , if any , profit !
Your pledge of allegiance is wonderful , but I doubt AMZN will be able to take it to the bank...read some of today's posts - their CFO is now trying to redefine financial analysis to come up with a new concept of "profitability". It's a joke , but it's your money.
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