SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: microhoogle! who wrote (107158)8/16/2000 5:12:10 PM
From: Skeeter Bug  Respond to of 164684
 
i never underestimate amazon's ability to lose money, dupe investors and monetize shareholder ignorance.



To: microhoogle! who wrote (107158)8/16/2000 7:56:46 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
I wonder how many shares pf Amazon the Patricia Seybold Group holds. The entire article was inaccurate. They said total active customers was 23 million. That is more than AOL. Cumulative customer count is 23 million I believe and active was under 15 million.

"Profit Growth: 7 percent (with operating losses down from 21 percent to 15 percent)"

The loss was 15% of a much higher number and therefore was a much greater loss.

My opinion is the article was poorly researched. Keep in mind that is an opinion.

Glenn



To: microhoogle! who wrote (107158)8/17/2000 5:56:04 PM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
Don't Underestimate Amazon.com" says Patricia Seybold.

psgroup.com.


Murali,

I was going to be more specific in tearing apart this report but after seeing the comment about Amazon's inventory and other assets without one mention of of their debt, makes it not worth the time. Geez Amazon's "tangible" book value is a minus $800 million or so.