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: jawd who wrote (6511)	6/18/1998 1:42:00 AM
From: jach	Respond to of 164684

AMZN, an online bookstore retailer, offers more than 2.5 million in-print and out-of-print titles. AMZN also sells a small number of CD's, videotapes, audiotapes and other products. For the three months ended 3/98, revenues rose from $16 million to $87.4 million. Net loss totalled $9.3 million, up from $3 million. Revenues reflect growth of the customer base and repeat customers. Higher loss reflects increased advertising and promotional expenditures and increased payroll costs. .. from business summary .. a comapny that still do not make money and at this stock price is way over priced. imo, all stocks that were over priced and hyped came back down to the more realistic levels within 1 yr, if amzn can maintain this level more than one yr, it will break the record.