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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Electric who wrote (68666)7/21/1999 8:16:00 PM
From: Eric Wells  Read Replies (3) | Respond to of 164684
 
Amazon supporters continually state that the foregoing of profits in the short term in order to expand business is a sound approach. Keep in mind though that Amazon has been adhering to this approach for four years.

Can anyone name a successful company that has taken this approach - that of foregoing profits for years in order to expand business? Perhaps I am naive - but I can't think of any. I'm not saying there aren't any - I just don't know of any - so if someone can give an example, I'd appreciate the education.

-Eric



To: Electric who wrote (68666)7/21/1999 8:17:00 PM
From: Danny  Read Replies (1) | Respond to of 164684
 
Let me just say one thing: I think AMZN's management team is
FAR FAR more credible than any of SI posters here. Their
business strategy may be right, maybe wrong. Noone knows
after 3-5 yrs later. But, if anyone want to trash this
company's management team based on credibility. Can I ask:

Where is your credibility? Show us plain and straight.

Long AMZN and happy


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