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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.99-1.1%3:59 PM EST
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To: Jing Qian who wrote (51141)4/18/1999 4:10:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) of 164684
 
>> That's not that he doesn't want a profit. He wanted to recycle all the profit back into expansion.
<<

Please Jing, there is hype, and then there are statements that ... ahem... cough, cough, ... strain credibility.

If there is profit, it is profit. Whether it is recycled, paid as dividends, spent at love hotels, or retained. When there is no profit, it isn't there, and it isn't available for recycling or anything else.

One can worship at the alter of Amazon, but you don't need to say they recycle their profit. THEY DO NOT MAKE A PROFIT. They do the opposite. THEY LOSE MONEY EVERY QUARTER.
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