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

To: Olu Emuleomo who wrote (119632)	3/7/2001 5:52:50 PM
From: re3	Respond to of 164684

<<He was one of the 1st people to realize that you could indeed make money by selling stuff over the internet people might. he hasn't. he tried to make up the losses in market cap. long term it didn't work.

To: Olu Emuleomo who wrote (119632)	3/7/2001 7:46:29 PM
From: Alomex	Respond to of 164684

1st, any company that loses money can be accused of selling $1 for 90 cents. Bzzzzt. Wrong! The average company that is posting losses usually would be profitable if sales only doubled. Amazon's sales have doubled quite a few times over, and their losses go up rather than decreasing. That is the key difference making Amazon a candidate for king of the $1 for 90 cents category. He was one of the 1st people to realize that you could indeed make money by selling stuff over the internet. With this I agree. Whether he succeeds or not, his effort will be permanently recorded in the annals of US business. So is Ponzi's.... If he did anything wrong (say like Microsoft?), he will be pursued by the relevant authorities! Here's news for you kiddo. Not everything that is immoral is illegal. Some here believe that what Amazon did might qualify as immoral. Expressing that sentiment is not sour grapes, but a moral judgement. Have you lost your moral compass together with your profits in the market?

To: Olu Emuleomo who wrote (119632)	3/7/2001 7:48:13 PM
From: Glenn D. Rudolph	Respond to of 164684

You fail to give Bezos the credit he deserves. He was one of the 1st people to realize that you could indeed make money by selling stuff over the internet. Excuse me. Who has made money by selling products over the internet? 1st, any company that loses money can be accused of selling $1 for 90 cents. AMZN is not the 1st company to incur loses qtr-after-qtr, so nothing new here. Biotechs and other firms have lost money year after year. The losses were not due to selling a dollar for ninety cents. They have placed resources into developing better products. Another thing thing you fail to realize is those mom and pops can also sell their stuff over the internet if they so choose either by building their own e-commerce web sites or by listing on ebay or yahoo shopping. It is not just the mom and pops that suffer. It is you and I too. There use to be a local mom and pop book store aorund here. It was a place that one could go to, browse the books and take it home. This is called instant gratification. In addition, there was direct interaction with the business owners who new a lot about their business. The independants are about all gone. Much of that was caused by the book superstores such as Barnes and Noble. Sadly, the employees at these super stores know almost nothing about the business. At least Barnes and Noble provided a decent selection of books for instant gratification which was why many customers chose them over the small mom and pops. Barnes and Noble did nto sell books at a loss and they still do not. They do on-line but I believe that mess was initiated by Amazon. Se I no longer have a local decent book store in which to shop. The owners of that store no longer have their business and more than $3 billion in resources are destroyed. Shortly there will also not be an Amazon. This is great. Amazon ruined my ability to shop at a good store. They ruinined the businesses of good people and the job of their employees. We are all much happier now. Yeah right!

To: Olu Emuleomo who wrote (119632)	3/7/2001 8:11:29 PM
From: manalagi	Read Replies (1) \| Respond to of 164684

He was one of the 1st people to realize that you could indeed make money by selling stuff over the internet. Since when did Amazon make money, and when will it make money. And even using Bezo "Proforma profit" when will it happen. Do you just believe what he said that it will happen in Q4 of 2001? Could you name a few of internet companies that make money? Onsale? Egghead? How many of them as a percentage of the total number of internet companies? You seems to infer that it is OK to do business being immoral or unethical as long as as it is not illegal. he was named Time Mag Person of the Year. Looking back, bezo was named Man of the Year for being able to Fool Some of the People All the Time (and it appears that some of them are on this thread) and All the People Some of the Time, but now He got caught for not being able to Fool All the People All the Time. ______________________________________________________________________________________ Tomorrow there is an internet conference hosted by Merrill Lynch/Henry Blodget. Will be interesting to see the spin by Bezo. _______________________________________________________________________________________ If you are bullish on Amazon, let us discuss your point of view and gives us facts with numbers as many of us have shown that the business model does not work, and which are supported by facts.

To: Olu Emuleomo who wrote (119632)	3/7/2001 8:34:55 PM
From: Skeeter Bug	Respond to of 164684

olu, you fail to realize that mom and pop shops can't subsidize billions to their customers b/c the misallocation of capital flowed to amzn and not them. good, solid business plans were wiped out due to lack of deep pockets. pathetic nonplans grew like weeds b/c of the huge misallocation of capital to their bankrupt business plan. this is never good long term. sure, i liked getting $40 books delivered to my door in 2 days for $12. did it quite a few times. but it isn't sustainable and the limited pocket mom and pop shops can't compete on pocket depth.