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


To: Mark Myword who wrote (5120)6/7/1998 4:38:00 PM
From: zebraspot  Read Replies (1) | Respond to of 164684
 
General questions to all:

-What is CEO Bezos'(any relation to Bozo?) prior track record in business? Is he learning on the job, and if so, why not bet your money on another company that has proven management?

-Isn't it possible that Borders was reluctant to get in the e-side of the business because they are (right in) judging that *no one* will make profits in this low margin biz? After all, with real time lowest price guarantees all around, the price of the book might go to $0.0<!>

-Why is AMZN worth even what it was a year ago(about 1/4 of today's price)given the new reality of increased competition and margin pressure? Why would $30 be a base, when the stock was much lower than that a year ago, and their market share and margins are looking less rosy?

Thanks.



To: Mark Myword who wrote (5120)6/7/1998 5:25:00 PM
From: Mark Fowler  Read Replies (1) | Respond to of 164684
 
As in "slaughter" the competition. Could of been a Freudian slip. At present they are #1, without the bricks and mortar, #2 they will have Cash flow, #3 with growth in profits, #4 ability to attrack and hold prudent investors, #5 analyst are recommending the stock, and #6 i'm not waiting for those numbers, i have faith in those numbers and for now that's all i need. Sometimes in life one has to take a calculated risk and so far it has been very rewarding. And, i'm not suggesting one should go out and mortgage the house on this one, but you don't need many shrs. of this stock to start, if your in long-term. I started out with a small investment of 250 shrs. at 27 and change, now with the stock split i have 500. And guess what, i think we'll see this stock double in a yr., then will probably get another stock split. Hopefully so on it will continue . Regards, Ok now flame on you all.

You need numbers:12345678910 that's how many stock splits we should get out of this tiger... grrrrrrrrrrr!