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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 246.42-0.4%Jan 12 3:59 PM EST
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To: Rob S. who wrote (48115)3/30/1999 1:12:00 PM
From: George Gotch  Read Replies (1) of 164684
 
wew that was a long message.. Hmm it is all about sales not earnings. Well if that was the case then all businesses would survive. Tell that to a bank when you try to get a loan.. Yeah..Ah I don't plan on making money just a bunch of sales...Yeah that is it! Or we could take your approach and open up a killer web business. We will sell 1 dollar bills for .50c. Imagine how much sales we will do!!! Yahoo!!!!!!!!!!

No matter how you sugar coat the web, the reality is companies have to make a profit to survive. This is why MSFT and DELL are on of the two most sucessful companies. They are a complete package that bring it to the bottom line. Any fool can grow sales to the moon and not make money. Now I am not saying AMZN is bad or anything. This is more a comment of the perceptions of newbee investors with no financial training. Of course it is not their fault cause they are making money and analyst keep touting these stocks with more creative models and explanations. Of course we fail to realize that this is in their best interests due to they work for underwriters that are bring these things public and making a tons of money. Oh well. Maybe I should just give in and sell tulips over the nets attached to internet stock certificates. I would make a ton!!!!!
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