Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: KeepItSimple who wrote (84136)	11/14/1999 8:20:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

Since dividends are a thing of the past, why would a public company ever care about making a profit? It's not as if that profit is distributed to shareholders or executives. The only thing that matters in todays financial world is keeping your stock price high long enough to sell out. If you think anything else matters, please pass me some of whatever you are smoking. KIS, I believe you are being extremely cynical here. There are companys that do pay dividends and do make profits. Glenn

To: KeepItSimple who wrote (84136)	11/14/1999 9:29:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

<<What does "profit" mean anyway? 99 percent of public companies never pay a dividend. In fact, if you add up all the insider options granted at Microsoft, for example, that company has NEVER TURNED A PROFIT SINCE INCEPTION.>> Kis, let me jump in here for a minute, and let me correct you. Do you think that Msft built up all that $cash, without ever making a profit?? The companies I like can (1) not pay a dividend, but accumulate $cash, and use that cash to the best interest of their shareholders. (2) can accumulate $cash, and choose to pay a reasonable dividend to their shareholders. Like PMC does. Amazon.com IMHOP will never be in a position to do either. Amazon.com is a concept stock, but I prefer to have my hard earned money in Wal-Mart, Msft, or Proctor& Gamble. The risk I run is to have too much money in old economy stocks. For that I'm prepared to take the risk, and put my speculation reserves into B2B stocks. latimes.com