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


To: Ken Pomaranski who wrote (2026)3/9/1998 12:52:00 AM
From: Satellite Mike  Respond to of 164684
 
How did you ever develop such admirable
patience and vision, Ken. These seem to be
qualities which you are very proud of.

MV BABER



To: Ken Pomaranski who wrote (2026)3/9/1998 7:19:00 AM
From: Candle stick  Read Replies (1) | Respond to of 164684
 
I find your efforts to try to make this stock go down pathetic
indeed! It's laughable


Why Ken! You flatter me! You really think I have the power to make AMZN go down? Don't be ridiculous. AMZN will go down all by itself, without my help, because they are selling at a ridiculous price for a company that has no profits, will have no profits, and loses increasing amounts of money quarter after quarter. Insiders are selling heavily (here is the proof edgar-online.com and there is more and more competition coming online everyday( BKS, Bertelsman, Cendant, Borders, Acses etc. etc. etc.), as well as many other booksellers that are significantly larger than AMZN, with BILLIONS in sales (as opposed to AMZN's 140 MILLION) that MAKE money. See this for an example:
ANN ARBOR, Mich., March 9 /PRNewswire/ -- Borders Group, Inc. (NYSE: BGP - news) today announced audited
results for its fiscal year ended January 25, 1998. Consistent with the Company's guidance in its press release on January 15,
the Company reported $0.98 diluted earnings per share. This represents an increase of 40% over last year's diluted earnings
per share of $0.70.
biz.yahoo.com
BGP sells for 1.4 times sales, AMZN sells for 13 times sales? WHY?

So you see, in my world, 2+2 still equals four......just because you stick internet in front of AMZN doesn't make 2+2 now equal 5......

P.S. How many points down do you think this post will drive AMZN?.............;^)



To: Ken Pomaranski who wrote (2026)3/9/1998 8:22:00 AM
From: Candle stick  Read Replies (1) | Respond to of 164684
 
David Gardner, CEO of the Motley Fool (a big promoter of AMZN) just said that AMZN was not the first stock he would add to his porfolio and that
there was a lot of risk in it due to the fact that it MAKES NO MONEY and its HIGH VALUATION......straight from the Guru's mouth at 7:54 am this morning.....
The interviewer, seemed very skeptical about AMZN and its valuation.

;^)



To: Ken Pomaranski who wrote (2026)3/9/1998 8:40:00 AM
From: Michail Itkis  Read Replies (2) | Respond to of 164684
 
Here is the lead story in todays NY Times business section:

nytimes.com

It talks about all the competitor's heading amazon's way. Bezo's better put the proceeds of all the stuck that he sold in the last couple of weeks in to T'bills.



To: Ken Pomaranski who wrote (2026)3/9/1998 1:00:00 PM
From: Mark Fleming  Respond to of 164684
 
<I find your efforts to try to make this stock go down pathetic
indeed!>

I find your efforts to try to make this stock go up pathetic indeed!