Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Alomex who wrote (151326)	1/4/2003 12:56:23 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 164684

As it was before, when it reached $150 per share, which did not make it a good investment either. I think we all agree that what holds amzn back here is there financial position. They have all that debt overhang from the bubble- I don't know how to clean that up. But from a potential perspective, the high on amzn was $100. (not $150- there was probably a split in there)... and it was reached when amzn was regarded mostly to be a seller of books and cd's. There were analysts who saw amzn as the "walmart of the internet" but still that was unproven. Now, today it is a different story- Amzn is excelling in electronics and the book/cd business is going to become a smaller and smaller part of the overall revs picture. Amzn mkt cap today is about half of costco and a tiny fraction of wmt. Amzn has more potential internationally than the other large US retailers in that the brick and mortar side of the business can be left to the local partners at least partially. I don't know if costco for example is successful in Canada or Mexico but Amzn will have a very easy time building out there. So given all this is it possible that amzn triples from here and takes out his old highs over a few years? I say yes it is but it all hinges on clearing up that debt. Lizzie