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


To: OtherChap who wrote (17157)9/14/1998 4:27:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Only if Amazon is very very lucky. This is a 79 cent book value stock that is losing
money hand over fist.


OC,

Book values would actually be less than 0 had they now made acquisitions with stock. That was a small form of a secondary. The investing public still believes in them so the stock price death will be slower than I wish. Fundamentals continue to erode at an amazing pace and the business model does not work. I believe that has been proven.

Glenn