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

To: KeepItSimple who wrote (106990)8/7/2000 3:45:34 PM
From: H James Morris  Read Replies (1) | Respond to of 164685
 
>I can only say one thing. Monetizing Shareholder Ignorance!
Kis, Wall Street is not finished with Amzn yet! Trust me.
Btw
Amzn might have one more Xmas rush in it!
Oh! Isn't Duke Energy doing well?



To: KeepItSimple who wrote (106990)8/7/2000 3:52:34 PM
From: Alomex  Respond to of 164685
 
according to recent SEC filings, it has been a "97 cents of investor cash for every 95 cents of merchandise sold" story.

I always considered AMZN overvalued, but a year ago if you had said that it would go bankrupt I would have said "no way". With their warehouse overexpansion and inability to pare down net losses after a doubling in revenues, bankruptcy is starting to look like one of several realistic outcomes (a takeover by Walmart or BN being another).


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