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: Glenn D. Rudolph who wrote (118570)2/25/2001 8:43:44 PM
From: Alomex  Read Replies (3) | Respond to of 164684
 
[Old message deleted]

My followup message places it in context:

Companies are valued because of future activities. It is near impossible to "demonstrate" that any company will be profitable in the future. However, on the balance of probabilities, yes I think it will be profitable. I don't need no ads to go to Barnes and Nobles to buy books. The place is huge, the selection's great. At some point the same will be true with Amazon.com.

Will it ever be worth several billion dollars? I'd say a billion dollars sure, sometime around 2000.

Five billion dollars? Maybe not, and that is why I don't own stock on this company, but I wouldn't short it either since fundamentals are not collapsing (yet).


To this date, I still hold the view that Amazon could have been profitable. Less agressive expansion in distribution centers, less advertising, no $3,000 gas BBQ and garden tools, better management....

In fact, I think Amazon still has a good chance of turning a profit after declaring bankruptcy, which would free them from their leases and debt obligations...



To: Glenn D. Rudolph who wrote (118570)2/26/2001 12:46:45 AM
From: Glenn D. Rudolph  Respond to of 164684
 
To: Glenn D. Rudolph who wrote (13634)
From: William Harmond Saturday, Aug 15, 1998 8:31 PM ET
Reply # of 115251

>>I wonder if there is an angle where shorts could sue management?
>I have thought about that myself but really doubt it.

This is rich. Are we in Wonderland? Hello?

What would you sue them for? Doing their jobs and growing the company faster than they said they would? Positive upside earnings surprises? Misleading you with 10Q's and then not fulfilling your fantasies?

I can just imagine that jury deliberating now... "This management must be punished for expanding employment, providing a popular service, and screwing a now-impoverished band of pessimists who decided to stand (often more than once) defiantly in front of the fastest-moving train on the planet."



To: Glenn D. Rudolph who wrote (118570)2/26/2001 3:16:43 PM
From: Skeeter Bug  Read Replies (6) | Respond to of 164684
 
>>It is not hard to envision Amazon three years hence as a well established presence on the Net, spending near zero in advertisements. This alone would place AMZN back on the black.<<

easy to imagine... impossible to pull off... as we made so clear to any rational observers.