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

To: Victor Lazlo who wrote (12246)8/1/1998 8:37:00 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
Victor< This co may well never earn a nickel.> Its not about earnings its, about stock price.
Trust me.



To: Victor Lazlo who wrote (12246)8/2/1998 2:42:00 PM
From: Rob S.  Read Replies (1) | Respond to of 164684
 
OK, I was trying to be kind. You are right, AMZN is a couple years away from showing any earnings if their business plan holds true. But if competition becomes more intense than they have planned, then that will destroy the profits.

Speculators treat the stock as if huge profits have already occurred and more blue sky is above them - untold riches just waiting to be gathered up.


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