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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.19-1.8%Dec 12 9:30 AM EST
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To: Bill Harmond who wrote (24413)11/4/1998 10:24:00 AM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 

>>what companies were hugely unprofitable and had a negative tangible book value for
their first few years after going public but went on to major success?

I think this is what separates the Industrial Age from the Information Age. Think about
it. Some of the most valuable assets in the Information Age are by-definition intangible.
Look at the Wal-Mart complaint as an example.

William,

This reply gets a 0. I was going to ad another part of the equation if you passed again. No need to now.

I would like to piont out that Goodwill has been around in accounting for years. Technology is not intangible. Ask Microsoft. Goodwill is intangible.

Start thinking this through now. You cannot find another company that was sutaining loses and had a negative tangible book value and yet succeded.

Let's look for a company that had losses, no tangible book value and was being litigated for the theft of technology.

If you can provide an answer, I will ad another part to the equation.

Glenn
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