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

To: H James Morris who wrote (109431)	10/3/2000 7:02:40 PM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 164684

Glenn, sure I know what they do. But I sure would like to know when they'll turn a profit. Just like you'd like to know when Blue Nile will turn a profit too.<g> AKAM will turn a profit in my opinion as soon as broadband is reasonably deployed in the US. I am not sure all the others will. Legal disclaimer on Blue Nile. The following is my opinion and I have no correspondence with the insiders with which to back it up. Blue Nile was never intended to turn a profit. The plan there was to create large revenue growth no matter what the cost to do so. Then go public and have the insiders take a few billion out after the lock-up. However, the market sowered on B2C firms. Blue Nile has not had a goos opportunity to go public yet. So they are waiting. Blue Nile is operating on margins that are too thin to ever turn a profit but as I repeat, that is not the plan. One might think the backers of Blue Nile are "very similar" to that who backed AMZN. I believe you have noticed that Amazon did grow revenues quickly but there did not seem to be any hesitency to cash out billions of insider stock. Glenn