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

AMZN 220.66

+1.6%

Nov 21 3:59 PM EST

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To: Sarmad Y. Hermiz who wrote (50188)	4/14/1999 10:32:00 AM
From: stsimon	Read Replies (3) of 164684

Since Amazon loses money on every book it sells, perhaps the market is not enamored with the concept of ever increasing loses on the promise that some day a profit may arrive. As I have stated in the past, this company will never make an annual profit and may not survive long enough to make a quarterly one. Bezos is the most dangerous type of CEO, a bright, articulate person who is just wrong about the future. It will be Intel, Microsoft, and Cisco who get rich off the Internet, not Amazon.

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