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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: Bruce Brown who wrote (17140)2/4/2000 12:54:00 AM
From: Uncle Frank  Read Replies (2) | Respond to of 54805
 
>> And now, Amazon finally expects to show a profit by year end

Amazon's business model ensures that any profit will be exceedingly modest. I don't believe they can ever aspire to reasonable margins, and once the investment community understands that limitation, I doubt that they will be able to command a high valuation. It's a Catch 22; once Amazon starts making money they will become a less valuable company.

jmho,
uf