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


To: Tom D who wrote (76535)9/4/1999 10:44:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
A fear about the future of the firm.

Decelerating sales, (if not outright declining on a same store basis), increasing competition (Wal-Mart starting to wake
up, AmWay now on the net), huge debt, and management which is too afraid to give investors the information needed
to make an accurate appraisal of the company.


Tom,

We agree. I finally went long AMZN and ended that position with the last quarter results. I fear I may have been correct in believe Amazon will fail but my timing was terrible and my being stubborn was worse.

I still dislike management due to their keeping secret sales numbers that should be released to their investors. Those are not trade secrets that would benefit a competitor. A breakdown by category would be nice for those that have their money long in the company stock.

Glenn



To: Tom D who wrote (76535)9/5/1999 2:51:00 AM
From: H James Morris  Read Replies (2) | Respond to of 164684
 
>>Decelerating sales, (if not outright declining on a same store basis), increasing competition (Wal-Mart starting to wake up, AmWay now on the net), huge debt, and management which is too afraid to give investors the information needed to make an accurate appraisal of the company.<<
TomD, this is not the same TomD as not long ago. TomD you were one of our consummate bulls, and made a $bundle. What's changed your mind? Guilt?? If you've changed to Amzn bear status you'll leave me no option but to scream out AMZN IS A STRONG BUY!!!