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

To: llamaphlegm who wrote (13670)	8/16/1998 10:21:00 AM
From: Bill Harmond	Read Replies (1) \| Respond to of 164684

>>how boilerplate amzn's language is. Show me the word "boilerplate" in my post; I didn't use it. There is no 10Q published that makes a case for investing in a stock. It is a document intended to outline risk. Therefore (as I posted), no one would buy a stock based solely on the 10Q, not even Microsoft. As far as the rest of your post goes, I'm looking at how Amazon progresses, not it's Q-Q earnings. So is the Street. You can jump up and down all you want about accelerating losses, but the Street doesn't buy your story. They are watching how Amazon develops its franchise and its competitive position. Your current-earnings concern doesn't matter. It's the wrong valuation metric in this case, like it was the wrong valuation metric for AOL in its early years. In AOL's case then, just like now with Amazon, the shorts got creamed by AOL's advance because they didn't have their eye on the game ball.