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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.52+0.1%Dec 26 9:30 AM EST

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To: Bill Harmond who wrote (52892)4/27/1999 8:05:00 AM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 
Remember a year ago when B&N was a contender? What happened?

William,

Barnes and Noble is becoming a huge contender in books as is BOL. Amazon continues to buy money losing companys which is accretive to losses. The losses will appear not as great due to the dilution of shares. If there ever are any profits, the same will be true on the profit side. I doubt that will ever be an issue.

I would say Jeff Bezos has run out of ideas on how to be profitable based on the recent acquisitions. Now he needs to make the company look like it is "moving." Where does not matter. The moving keeps the stock price up.

Would you say there is a master plan here and if so, what is it?

Glenn
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