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


To: Glenn D. Rudolph who wrote (118590)2/25/2001 11:31:05 PM
From: Alomex  Read Replies (1) | Respond to of 164684
 
My entire point from square one was Amazon was poorly managed, was making huge mistakes in marketing, product mix and distribution center build out. So you are saying excluding those small error, they would have turned a profit. Agreed although nothing huge in my opinion.

You see, we approach this company from different angles. You as an investor who shorted it and thus is interested in how well it's presently doing, me as a technophile who is interested in how far the e-commerce and in general the internet model can go, above and beyond the gaffes from Bezos.

Bankruptcy is required [...] Amazon will peddle books, music and video with about 3% net margins.

Funny that you mention 3%. I was the first to use that figure in this forum, at a time where people were talking about AMZN as it if was going to be the next Microsoft with 40% margins...