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


To: Glenn D. Rudolph who wrote (102196)4/26/2000 5:22:00 PM
From: GST  Read Replies (3) | Respond to of 164684
 
The market has not liked almost any earnings report lately.



To: Glenn D. Rudolph who wrote (102196)4/26/2000 5:42:00 PM
From: The Phoenix  Read Replies (1) | Respond to of 164684
 
What a friggin fly-by-night two-bit operation. I'm on the web cast and I got booted and couldn't get back in. There was no way to dial in as a back up and no one in investor relations to respond to my call. Furthermore AMZN, as of 2:36 PST still hasn't even posted the earnings release on their own web site. These guys are a joke. I hope the stock gets a quick $5 so I can get out. Sheesh... I actually had hope for these guys... but if they can't even take care of business.... they can take a leap.

There.... at least I feel a little better.

OG



To: Glenn D. Rudolph who wrote (102196)4/26/2000 6:11:00 PM
From: H James Morris  Read Replies (3) | Respond to of 164684
 
Remember Bezos used to drive a Honda, and live in a little loft?
Thank god for Amzn shareholders.
>New York, April 26 (Bloomberg) -- Amazon.com Inc. founder and Chief Executive Jeff Bezos has bought the top floor of an apartment building on New York's Central Park West for about $7.5 million, according to a person familiar with the situation.

Bezos bought out all the apartment owners on the floor and plans to create one large residence in the building, located at 25 Central Park West between 62nd and 63rd streets.

Officials at Corcoran Group, which brokered the transaction, declined to comment. Bezos wasn't available for comment.

The 36-year-old Bezos has built Seattle-based Amazon.com into the biggest Internet-based retailer since it started selling books online in 1995.

The company's shares have fallen along with those of other Internet companies in recent months, and are down 30 percent this year. Still, Bezos' stake in the company, which lost a total of $882 million through last year, is worth more than $6 billion.

The art deco style 25 Central Park West was built by Irwin Chanin, who also developed several theaters in Times Square -- including the Roxy and Biltmore -- early last century.

Prices in the building start at $590,000 for a one-bedroom apartment. A 1,900 square-foot, three-bedroom, two-bath apartment is on the market now for $1.5 million, according to NY Realty.com.

Apr/26/2000 16:47



To: Glenn D. Rudolph who wrote (102196)4/26/2000 7:40:00 PM
From: A.L. Reagan  Read Replies (2) | Respond to of 164684
 
Books, music, video/DVD sales Y to Y increase $134 million, yet the decrease in segment operating loss is only $694K.

These guys have been at this part of the business for awhile. Not exactly start-up rookies. Something is wrong with the margin picture when a $1 increase in sales only translates to a half cent improvement in operating margins.

Which apparently doesn't even include part of the rent on the new warehouses which I presume is reported as interest expense to the extent these are capital leases.

Thought the whole point of lofty valuations for these guys was the alleged scalability (i.e. operating leverage) of the customer interface being on the web.

This seems really pretty pathetic if AMZN has been stressing improving profitability of its core operations.

Maybe they are finding out that with all the bricks and mortar investments made since last year that fixed overhead is a "burdensome" concept.

Not trying to bash, don't pretend to understand AMZN, but do understand retail. The trend numbers in the core business don't make much sense. This horseman looks a bit lame.