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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.93-3.8%2:52 PM EST

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To: John May who wrote (3803)5/3/1998 10:27:00 PM
From: WAH  Read Replies (2) of 164684
 
That story was so bizarre I have to throw in my $ .02 (insert joke about amzn's earnings here)
Some observations:

First, where is the evidence that AMZN is close to profitability ?
Second, maybe the "bricks & mortar" crowd isn't going to rush on to the net precisely because of my first observation.
Third, why must B&N & Borders "get its act together on books before it gets into music or video"? If "getting its act together" means earning a single solitary cent, then AMZN should avoid music & videos too.
Fourth, BKS disappointed with only 15mil in approx. 6 months of 1997 operation. But AMZNs first year sales were?
Fifth, AMZN becoming a global brand, replacing "local" brands like Barnes & Noble? This guy Keenan is ridiculous.

This story along with such brilliant commentary as "every internet sale for Barnes & Noble is a loss of a sale in there store" simply flabbergasts me.
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