SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: H James Morris who wrote (69105)7/23/1999 3:02:00 AM
From: Dwight E. Karlsen  Read Replies (1) | Respond to of 164684
 
Oh I've followed Amazon the stock for quite some time, too. I'm mostly cynical about the company and the stock, but they have built up some kind of customer base. The trouble I have with that is that K-Mart also has a reliable customer base.

Conner Peripherals was once, in the not very distant past, the company that had grown sales faster than any company in history. They built hard disk drives for PCs. So, fast sales growth in the early years doesn't mean the company will still be around to keep growing year after year. As I recall, it was either Seagate or Western Digital that bought out Conner.

The only reason I would buy AMZN would be for the pre-Christmas run-up. However, there is no certainty that will happen, either.