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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.60+1.5%3:59 PM EST

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To: Acey who wrote (4868)5/30/1998 12:57:00 PM
From: Oeconomicus  Read Replies (2) of 164684
 
Acey, AMZN may have only started in 1995 and I'm sure no one expected them to make money right away, but get real. This is not some biotech startup that pumps millions into research for years before ever seeing a penny of revenues. It is a retailer and it is not expected to make a dime of profit until the year 2000 (if then). Any retail business that can't turn a profit by the time it is five years old can hardly be said to have a good business model, to be "very well managed" or to be in a "dominant position". The only thing well managed is their PR and the only thing they dominate is the analysts that cover them.

JMO,
Bob
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