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


To: microhoogle! who wrote (118978)3/1/2001 12:58:54 PM
From: Alomex  Read Replies (2) | Respond to of 164684
 
It would be stupidity on part management and major investment houses to see this company bleed to oblivion and I am sure someone will step upto the plate to change the current course.

One would expect that, yet companies like Novell and Corel drifted for a long long time before anyone stepped up to the plate. By the time somebody did it was too late. Considering that Bezos is still the majority owner of AMZN how likely is it that he will get the boot?



To: microhoogle! who wrote (118978)3/1/2001 1:07:09 PM
From: Robert Rose  Read Replies (2) | Respond to of 164684
 
<It would be stupidity on part management and major investment houses to see this company
bleed to oblivion and I am sure someone will step upto the plate to change the current course.>

the big prob as i see it is a company with 6 enormous distro centers stuffed with stuff they can't sell, or at least not at all profitably.

no amount of wishful thinking or courageous action on the part of jeff bezos or even john doerr is going to change that fact.....



To: microhoogle! who wrote (118978)3/1/2001 1:34:27 PM
From: Skeeter Bug  Respond to of 164684
 
murali, if the scenario you just laid pout occurs, $10/share is at least 200% above what amzn is worth. why put money in now? why not wait until AFTER they file chapter 11? do you expect amzn to go up on bankruptcy news? hello!?!?!?



To: microhoogle! who wrote (118978)3/1/2001 2:23:57 PM
From: Glenn D. Rudolph  Respond to of 164684
 
Any bankruptcy will wipe out your invenetment. The distribution centers are all leased and their cost exceeds the gross margins Amazon can command. Your comment about attrition of customers is typically high for online sites is accurate. This attrition is one of the reasons there are only two remaining pure play B2C e-commerce sites remaining. They are Amazon and Buy. Both will fold due to the above. It being the norm is the root of the problem among others.

There is little else I can say.

Glenn