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


To: tech101 who wrote (134342)11/7/2001 2:25:20 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
<< Nobody is claiming Wal-Mart going bankrupts here. Amazon certainly cannot replace Wal-Mart. >>

right. Glad we agree on that!

<<Since we are here discussing Amazon, people have opinions either positive or negative with few neutral on the stock. If you are long on Wal-Mart, it’s a safe bet >>

I'm not long WMT anymore.

<<(but Wal-Mart may not grow as fast as Amazon from here, IMHO). >>

How are you defining "growth" Youlo? I don't understand what you mean. i.e., Wal-Mart is profitable.

<<However, if you are shorting Amazon, it could be a wrong target. >>

I'm not short AMZN. I simply think that fundamentally, it is a disaster.

<<Let’s see in 12-24 months should this Amazon board still exist.>>

Well that will be interesting <gg>. I know one thing- that Morris guy isn't going to get evicted form here without a big fight !!

regards,
Victor



To: tech101 who wrote (134342)11/7/2001 8:32:27 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Let’s see in 12-24 months should this Amazon board still exist.

You have a far better chance of the existance of this thread for that time frame than for the existance of Amazon.

Quick question. Which person in management at Amazon has extensive retailing experience?



To: tech101 who wrote (134342)11/8/2001 11:23:56 AM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
YZ, speaking of Wal Mart, analysts are saying without Wal MArt, October same store sales figs would have been terible..... LOL ! btw, Boston Chicken never did get in the practice of releasing same store sales figs.... I wonder why? ha!

Thursday November 8 9:23 AM ET
Wal-Mart's Sales Climb 6.7 Percent

Analyst: Place your retail bets on discounters: WMT, COST and TGT - (ON24)

BENTONVILLE, Ark. (Reuters) - Wal-Mart Stores Inc. (NYSE:WMT - news), the world's largest retailer, said on Thursday its sales at stores open at least a year increased a higher than expected 6.7 percent from a year earlier in October.

The company said net sales in the four weeks ended Nov. 2 rose 14.6 percent to $16.62 billion from $14.50 billion a year earlier.

At outlets open at least year, sales at Wal-Mart discount stores rose 6.3 percent last month, while those at its Sam's Club warehouse unit were up 8 percent.

The retailer had expected an overall sales increase of 4 percent to 6 percent for the period.

For November, Wal-Mart said in a recorded message that it expects same-store sales to rise 4 percent to 6 percent, but cautioned that because year-ago sales volume was so huge, they may come in a the low end of the range.

``The day after Thanksgiving (last year) we had sales of $1.1 billion,'' Wal-Mart spokesman Rob Phillips said. ``The bar has really been raised.''

Shares of Wal-Mart closed at $53.83 on Wednesday. In the past year, the stock has ranged from $42.56 to $58.75.