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


To: SouthFloridaGuy who wrote (111593)11/2/2000 11:38:27 PM
From: 10K a day  Read Replies (1) | Respond to of 164684
 
It's not that i don't believe you.
This guy has made some incredible calls.

Member 5016612



To: SouthFloridaGuy who wrote (111593)11/3/2000 12:28:36 AM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
<<If Amazon was going out of business or by the wayside, don't you think it would have happened by now given the problems in EVERY other e-commerce player?>>

No I don't think that, SO.

<<given the problems in EVERY other e-commerce player?>>
Not every other e-commerce player is having problems. The magnitude of amzn's problems are quite severe, and no amount of book sales is likely to help the amzn story end any way but badly. AMZN has very serious financial problems.

I stand by my prediction that AMZN will eventually be bought out for debt assumption, with little or no value granted for the common stock.

BTW, I'm not fighting any trend.
Victor



To: SouthFloridaGuy who wrote (111593)11/4/2000 1:36:59 AM
From: wdlngduc  Read Replies (1) | Respond to of 164684
 
Sorry, but I must disagree. The reality is simply this: with all the cash flow this company generates, absolutely none of it falls to the bottom line in the form of POSITIVE earnings.

The only reason AMZN is up so sharply above its recent lows is the heavy short position that is being run in by aggressive longs bulling the stock as AMZN goes into its best sales time of the year.

If AMZN can't come out of the first quarter with some earnings, modest though they may be, then AMZN will come under increased selling pressure once again. And since the company gives no guidance to its wary and weary stockholders, I can't see how AMZN can escape a blood-bath. It will be sad to see, a great consumer-friendly site, whose collapse will have far-reaching implications for all Internet stocks.

Wdlngduc



To: SouthFloridaGuy who wrote (111593)11/6/2000 9:37:48 AM
From: jawstrade  Read Replies (1) | Respond to of 164684
 
<<I wouldn't fight the trend when it's 50% higher than it's lows AND was up on strong volume after its earnings report>>

Except that the earnings report itself seems to contain within it plenty of things to worry about with respect to the Amazon Commerce Network. Barron's has picked up on this, but nary a mention on CNBC. I think the rally here is nothing more than the Day Trading Nation playing with itself on the simplistic notion that AMZN does well at XMAS.

JawsTrade