Amazon.com, Inc. (AMZN) Message Board

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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 245.03

-2.1%

3:06 PM EST

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To: UFGator93 who wrote (32527)	1/5/1999 9:35:00 AM
From: James Clarke	Read Replies (1) of 164684

Oh this press release is a thing of beauty...if you want the stock to go to 50 (oh, sorry, that was pre-split...say 18 post split). Missing their key quarter (you know how awful the book business is in the other three quarters of the year) and telling us that the lack of profitability is not due to volume (i.e. that they'll grow into their cost base) but due to negative contribution margins (the more you sell, the more you lose). You bulls had me so worried I almost joined the flock to cover yesterday afternoon. I'd be kicking myself now. JJC

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