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


To: Victor Lazlo who wrote (89460)1/2/2000 11:10:00 PM
From: i-node  Read Replies (1) | Respond to of 164684
 
are you really a cpa

Guilty as charged. But I'm mostly a software developer these days; I have a partner who pretty much handles the bookkeeping & tax work. (I've done enough of it for a lifetime).

Revenue is increasing as have been losses. There is absolutely nothing surprising about this. The vast majority of all new businesses lose money for the first 3-5 years. The business that "hits the ground running" is a rarity. And certainly, losses should be expected from a new business ramping up from 0-several billion in a few years time.

Reel.com is very good, and my sister raves about etoys. Others abound

Actually, in every article I've read AMZN has been head and shoulders above the rest in customer satisfaction. I've not seen one article since Christmas placing any e-tailer in the same category as AMZN. This, to me, is the ultimate measure of whether the company is likely to be a good investment (sort of the Peter Lynch "Picking Stocks at the Mall" approach).