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

To: microhoogle! who wrote (118963)	3/1/2001 12:31:39 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

Murali. I have spent more time that I believe this firm warrants. Your comments about Amazon and the need or desire of Wa-Mart to buy them are wishful thinking.. I have done my FA. Amazon, the company as we know it is done. Pureplay B2C firms will never be profitable. The exception are service firms such as travel and financial. A buy out plan on your part as a equity holder makes no sense. Amazon has a negative book value of $968 million at the end of fiscal 2000. That negative book value number is increasing faster now that it has in the past. The bond holders have priority over equity holders. This is the FA of the company. I can't say what the stock price will do between now and bankruptcy but it will be zero at bankruptcy. Do as you please and I wish you the best. Glenn

To: microhoogle! who wrote (118963)	3/1/2001 12:47:33 PM
From: Robert Rose	Read Replies (3) \| Respond to of 164684

murali and glenn: i do think amzn's 17m customers should not be underestimated as an asset. nor should it's front end interface, as wh pointed out recently. but no, that does not keep a ship in a storm from sinking. in my mind amzn's experience suggests that online retailing at best is a limited market when targeting specific categories (like books for instance!) the fact bezos chose to expand his vision far beyond that was an interesting and daring concept. but now proving ill-founded..... well at least he has 50m out of it so far. for better or worse, i don't see him like that tacky jain who has been milking insp for all it's worth for years now.....