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


To: charlie who wrote (4378)5/15/1998 9:48:00 PM
From: H James Morris  Read Replies (2) | Respond to of 164684
 
Charlie, no disrespect, but please don't refer to Amzn as a junk store.
First, the Ceo and founder had a wonderful idea, and business plan.
He sold it, to some private placements, raised the capital, built, the under lying technology ( which in my opinion, was the hardest) and within a short time, grew this co, into a enterprise that anyone should respect.
The bad news, for Amzn is No1, I don't think that Beros, had any idea that close behind, there would be a technology, that even a simple minded Aol idiot, could click on, and find the cheapest book in America.
No2, While building Amzn, I'm sure he has, an idea, to take something more profitable, and take it on the Internet.
If he does! , and gets it right, go from puts to calls in a second.
Wall Streets fascination and feeding frenzy, is understood if you truly believe in the loss-leader philosophy? But it has to come back to bus101, sooner or later, you HAVE to make a profit!
Why?? Because over a period of time, America will only reward, those who can pull it off (profits, I mean).
Everyone, have a nice weekend.



To: charlie who wrote (4378)5/16/1998 8:18:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
Since you do not own any shares, you are short until
you cover. So the story is correct.


This true until the brokerage house covers for you.

Glenn



To: charlie who wrote (4378)5/16/1998 5:34:00 PM
From: Jan Crawley  Respond to of 164684
 
Thanks, Charlie.

Hope that you will make some money out of Amzn soon too.