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


To: IceShark who wrote (16219)9/5/1998 4:24:00 PM
From: OtherChap  Read Replies (2) | Respond to of 164684
 
Barrons article excerpt follows. Certainly sounds like a company I'd want to invest in. NOT.

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With a paper fortune in the billions, Amazon founder Jeff Bezos may not even have a proper profit motive, says Tice. Accumulated losses in Amazon's business increased sevenfold in the 15 months ended in June, reaching $64 million. Investors must have been thrilled, because over the same period, Amazon.com's stock-market capitalization increased tenfold, or $4 billion. Recently, the company announced that it won't make money in '99, either.

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To: IceShark who wrote (16219)9/5/1998 5:18:00 PM
From: wiley murray  Read Replies (1) | Respond to of 164684
 
Ice:Thanks. Do you have any thoughts on AMZN price Tuesday and the rest of the week?



To: IceShark who wrote (16219)9/6/1998 11:28:00 AM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
So, take it for what it is worth on AMZN.


IS,

We sure agreed on this. I would like one of those high paying jobs and not need to have a clue too<G>

The Supreme Court held up the Nexus argument on sales taxes. However, I believe they will reverse themsleves as ecommerce grows to protect the revenue of the states. This is a little off topic but not much. I just cannot see the states losing that much sales tax without a major fight at some point.

Glenn