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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 220.66+1.6%Nov 21 9:30 AM EST

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To: IMPRISTlNE who wrote (16193)9/5/1998 12:25:00 PM
From: OtherChap  Read Replies (3) of 164684
 
>she would be my Uncle..

it still doesnt erase the fact that the only reason Yoohoo has ever been in the black is due to interest income, not the "highly profitable and rapidly growing advertising arena".

I think I will start an internet company that has a simple business model. We will sell you one dollar for 75 cents. Instantly we will have billions in revenues and using hype-kings like TMF I should have a market cap roughly equal to the gross national product. What? We'll never make money doing that? You can't use that as a measure of an INTERNET ipo. Just look at my increasing revenues!!

The secret is VOLUME VOLUME VOLUME! :)

Actually, this is exactly the biz model that Amazon uses, except they sell books at a loss every time instead of giving money away directly. Every single analyst, even the ones who are still recommending this stock as a buy, has pushed profitability back until beyond 2003, which gives them plenty of time to sucker more grandmothers into buying their shares before it collapses.
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