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

To: Alomex who wrote (106987)8/7/2000 3:23:58 PM
From: KeepItSimple  Read Replies (2) | Respond to of 164685
 
Actually, according to recent SEC filings, it has been a "97 cents of investor cash for every 95 cents of merchandise sold" story. And if you include insider dumping of AMZN options, it's a "50 bucks for every 95 cents of merchandise sold."

I can only say one thing. Monetizing Shareholder Ignorance!

-------------

Plus the hypothesis of "dollar-bills for ninety-cents" which was a shock when first presented in the main stream media, now seems to have been an accurate description all along.



To: Alomex who wrote (106987)8/21/2000 6:01:47 PM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164685
 
However, the last two years though have shown that Bezos just doesn't understand what is
needed for a retailer to succeed.


I am still putting in my two cents. Since day one, I have been questioning Bezos retailing experience. Why would analysts and the equity market have so much confidence in a hedge fund manage running a retail operation? If he had opened a discount brokerage house, that would have been close.

Glenn


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