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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (39314)7/23/2001 12:44:09 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 65232
 
I've been saying "AMZN will die" for over a year
when they had to go to Europe for a bond float in 1999,
when they were told not to bother with third issuance in 2000,
that told me about institutional displeasure

if 2ndHalf Recovery is real, Amazon might survive barely
it it isnt, Amazon has zero prayer
at minus 51% profit margin, that company is a joke
I dont see why they dont announce a 30% price hike uniformly
many sales would slip away, but many would remain
they could trim back, then survive

the ugly fact of life is that Amazon has become a brick & mortar company masquerading as a dot.com
they have invested in oodles of brick warehouses
they should have perhaps partnered instead of boughted

/ jim