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


To: H James Morris who wrote (126864)6/20/2001 10:00:36 AM
From: Bob Kim  Read Replies (2) | Respond to of 164684
 
HJ, I guess ML was reading your posts. They downgraded EXDS to a 3-3 late yesterday. At that rating, a ML broker can't solicit the stock for purchase.



To: H James Morris who wrote (126864)6/20/2001 10:14:34 AM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
>Do you like Amazon because you made money on it
LOL!


James,

That was funny<G> I can't find a fundamental reason to like the firm. The debt now is more than 50% of the market cap. Book value is almost -$4 and real losses continue to increase. The new brick and mortar partner agreements that Amazon states everyone is courting them for their services, seem to trickle out one per year. Sales are not growing. Hmmm..LOL. I guess you are correct.