SI
SI
discoversearch

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: jawd who wrote (5998)6/14/1998 5:38:00 PM
From: slipnsip  Read Replies (1) | Respond to of 164684
 

Amazon is too big to be a scam


HEHE.. I guess one first has to define a scam. Just because a company has been able to raise hundred of millions of dollars from the investing public, and grow its market cap to over 3 BILLION, doesn't make it a viable business.

Are you asserting that AMZN is too big to go bankrupt?? Exactly how do you forsee them paying their payroll 6 months from now??? Will the public continue to give them more money quarter after quarter as they essentially lose all that was given to them the previous quarter??

Money is not free, people will expect to see a viable business. Not a dream of a viable business at some point within the next decade while asking to borrow another 500 million for continuing operations..

Gee dad, I promise to get a job next week if you just loand me another hundred dollars today for the weekend. Promise.... I'll pay you back.

How many of in you folks have Boston Chicken in your town?? OOps I meant Boston Market. To think, the restaraunts are still open, advertisements are still playing, and they have filed chapter 13. Translation: THE SHAREHOLDERS LOST EVERY PENNEY They just don't know it yet. Stock trading at $2 bucks. But geez, Boston Market is too big to be a scam. They are nation wide. How low can it go??



To: jawd who wrote (5998)6/14/1998 5:43:00 PM
From: Mark Myword  Read Replies (1) | Respond to of 164684
 
>> I'm just amazed that people like you are insisting on living in a fantasy world where anything you short will crash and anything you buy will run. <<
Jawd - fantasy , that's the key word , alright. Do you honestly think that one website , which is basically just a phone-order concept on a computer , is going to kill convential retailing ? You gotta be kidding.
Yep , it's a fantasy , and one that burns cash at ...what was it....
$100,000 a day!
BTW , Las Vegas succeeds because it wins money from suckers. Maybe there is a connection here in the Amazon story , as you so aptly pointed out. Have a nice evening.



To: jawd who wrote (5998)6/14/1998 6:17:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 

Yes, it is as simple as getting a warehouse, a server, a webmaster and a few good ideas.
Thats all you need now to make a serious legitimate business and money. If others share
the vision & concept which has now been proven to work, then where's the crime? I
suppose the gold diggers in the wild west had a crazy vision too. Same as the criminals
who built Las Vegas. Its called "VISION".


jawd,

Your profile says very little about here. What are your qualifications for knowing retail, Business in general and the cause of the demise of egghead? Do you know how retailing works. Are you aware of the distribution costs and problems if all merchandise was sold on the net? Are you aware of why people go shopping in stores? Do you know terms and the averages of sales per square foot, sales per employee, advertising as a percentage of sales, and much more? There has not been an "etailer" to turn a profit yet. Is it possible those people do not have an understanding of retailing?

Glenn