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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 217.15-2.5%Nov 20 3:59 PM EST

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To: gizelle otero who wrote (42276)2/24/1999 4:11:00 PM
From: Glenn D. Rudolph  Read Replies (2) of 164684
 

Seriously, I think the people short Amazon are the same ones who were short Wal-Mart
about 10,000% ago. Let me make this real simple for you - Amazon is INVESTING
money to build market share, that's why they show a loss every quarter. There is a
difference between INVESTING your profits and LOSING MONEY.


I have no short position but AMZN has no profits to invest. They are "investing" junk bond money.

I suppose I am losing patience with the fundamental analysis being done by some people on this thread.

Glenn
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