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: SouthFloridaGuy who wrote (23527)	10/28/1998 8:37:00 PM
From: Glenn D. Rudolph	Respond to of 164684

From Streetlife: "AMAZON.COM AND ITS TECHNO BUDDIES.... had another fine run today. Amazon.com produced some decent results, with earnings beating estimates by 8 cents. And its sales--well!--they rose by 306% since last year. That's a lot of books. AMZN picked up a moderate 3/4 point. But meanwhile other technologies glowed.... AOL jumped 2 1/4 points. Cisco up 2 1/8. And Dell? Up another 2 3/8, baby! Another Internet note: I know I'll get called a curmudgeon for this, but eBay beats the Street by 3 cents and suddenly everyone is calling it the "cornerstone of the Internet" (apparently it's an octangular house). Not sure I buy it. Does one good quarter make a "cornerstone"? "

To: SouthFloridaGuy who wrote (23527)	10/29/1998 12:06:00 AM
From: Don Westermeyer	Read Replies (2) \| Respond to of 164684

Puff Daddy, You are right. AOL may be expensive, but they can get a premium over other ISP/networks after acquiring their clients, mostly because people don't want to hassle with new email addresses and AOL does provide some unique features. AMZN does not have this leverage. If they try to increase profitability be increasing prices their revenues would freefall. Also I noted that the expenses (not counting product development) still grew faster than gross profit. Wasn't that suppose to change? That 'we're on the road to profitability' statment looks like it is just bullsh*t. Maybe the CEO could be more specific and explain to me what the word 'profit' means again.