I am trying to end this debate between jawd and I. I just want him to stop rubbing salt in a wound. He has not been humble but neither have I. We have a lot of differnet personalities on this thread. I appreciate your observations of the ongoing mud slinging and appreciate your opinion. I am not willing to continue to sling mud.<<
That's what makes a market, it can get down right nasty at times! Glenn, i see you still want to, pardon my expression, Fu-k with this:
A world-class board of directors, including Scott Cook, co-founder and chairman of Intuit; John Doerr, a partner with venture capital firm Kleiner Perkins Caufield & Byers; and Patty Stonesifer, who formerly headed up Microsoft Corp.'s consumer division. Plenty of room for growth. Worldwide book sales were about $82 billion in 1996. Now into music, also, Amazon could easily branch into Software, videos, and possibly consumer electronics, etc.
A trusted brand.
A lead of 6-12 months in online bookselling know-how.
An almost completely virtual operation. They have no stores and minimal inventory, which keeps overhead very low. Outstanding customer service.
Great leadership. CEO Jeff Bezos, formerly with investment bank D.E. Shaw, a brilliant CEO and self-promoter. Also, he owns a significant fraction (43%) of the company.
Range of titles, price, convenience, and an online community.
Don't you think this stock deserves to go to 150 after all you making a bet that Jeff Bezos and his board will fail? |