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


To: Steve Yuan who wrote (71321)8/2/1999 3:51:00 PM
From: KeepItSimple  Read Replies (1) | Respond to of 164684
 
>Recently Bezos has been stressing risk in various interviews. Maybe he is preparing
> for coming lawsuits.

My opinion exactly. When the lawsuits come, he'll pull up the videotape of him saying "We dont want investors to put too much of their equity into AMZN." and "we dont know when we'll make a buck" and "this stock is very risky"..

Just covering his a**.



To: Steve Yuan who wrote (71321)8/2/1999 3:57:00 PM
From: Bilow  Read Replies (2) | Respond to of 164684
 
Hi Steve Yuan; AMZN is falling off the end of the dock as I type. I am typing verrrrryyyyy slowwwwllllyyyy because one of AMZN's bummed out investors trades in here and he hates to hear me type fast.

The other thing to remember is that Bezos talked up books as being the easiest thing to sell on the net. All the stuff he is now expanding into are less profitable, or more expensive or whatever.

In other words, he has already mined the "high grade" ore from the internet mountain.

The same thing applies to the population demographics that are connected up to the internet. The wealthy connected first, now the people with less free cash flow are connecting. The early growth was the high grade stuff.

AMZN looks to be headed to test the $90 point that everybody has been talking about.

-- Carl



To: Steve Yuan who wrote (71321)8/3/1999 2:17:00 PM
From: John May  Read Replies (1) | Respond to of 164684
 
Steve,
Why do you think Amazon is vulnerable to lawsuits? Are you talking about the Walmart suit?

IMHO, I think he must stress risk because of the lofty stock price and because of his risky competitive strategy, i.e. sacrifice short term profits for market share in the long term. It would be irresponsible of him not to caution investors, don't you think?