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


To: Victor Lazlo who wrote (72525)8/7/1999 9:33:00 AM
From: Steve Lee  Read Replies (2) | Respond to of 164684
 
They have a fantastic business plan:

1)Sell a load of stock at ridiculous prices to become extremely wealthy at the expense of peoples' life savings.

2) Stay in business for a while and expand revs and product lines to look as if you tried.

>>with amzn I simply think the co is in a death spiral, based on their own lack of a viable business plan<<



To: Victor Lazlo who wrote (72525)8/7/1999 4:45:00 PM
From: Glenn D. Rudolph  Read Replies (3) | Respond to of 164684
 
I also think that AMZN's site and service are very impressive too. On the other hand, with amzn I simply think the co is
in a death spiral, based on their own lack of a viable business plan.


Victor,

This does seem to be a major problem. Amazon has changed "plans" continually. I believe the only way to see if they can survive is to see how the holiday season plays out for them.

By the way, I am long the stock with a stop loss of 88. Bought at 90 1/2 so you can tell my confidence:-)

Glenn