Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Skeeter Bug who wrote (107459)	8/23/2000 6:16:22 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

i expect amzn to be a marginally profitable company (less than $100 million) eventually. the debt may end up crushing them, but they probably survive in one form or another. Skeeter, I believe James Morris called this correctly a long time ago. The debt will crush Amazon in my opinion. The brand is well known and Kleiner Perkins will see to it that AOL buys the remaining pieces. The junk bond holders will not be paid. Amazon will be forced to default on the interest by next summer baring another debt offering.

To: Skeeter Bug who wrote (107459)	8/23/2000 8:15:34 PM
From: Lizzie Tudor	Respond to of 164684

lizzie, i remember the analysts saying 1999 was profitable in 1996 - 1997. they bumped it to 2000 after it became apparent they were wrong. Oh - I stand corrected then. I thought they were making predictions on certain sectors - the "book business" etc. I remember a few quarters ago, it might have been the first somewhat hostile conference call, when the analysts asked when amzn would be profitable and Bezos replied with something like "we will target profitability when growth opportunities diminish", in other words he wanted to grow at a loss first. This was met with a mixed reaction at the time by the street. So I thought profitability was a ways out even then.