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


To: Libbyt who wrote (107425)8/23/2000 1:16:04 PM
From: PAL  Read Replies (1) | Respond to of 164684
 
Just try anything Jeff Bezo. What is next: buy tractor on Amazon.com? Does Greenlight know about the car business? Do they know that the margin on new cars is smaller than on used cars? Are they planning to sell used cars on the internet? Good Luck. Do they know that part of the profit is from financing, and add ons (such as alarm, Low Jack etc)? If AutoNation financed by Wayne Huizenga does not make it, do they think Greenfield has more expertise than Wayne?

It is just amazing that people are still buying and/or holding on this stock. Notice that no analysts have come forward to help this stock. There is no way Amazon can come back to the equity or debt market for more money.

The next stop is under 30 and then the slide will accelerate to chapter 11.

Paul