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


To: Glenn D. Rudolph who wrote (23854)10/30/1998 10:54:00 AM
From: JBL  Read Replies (3) | Respond to of 164684
 
Glen :

The popularity of the "scale concept" (where investors are promised they'll be shown the money a few years later, or where value is justified by continued hyper-growth in earnings as in the case of Dell / AOL) is the result of loose credit.

It is a recipe for disaster, not only for AMZN, but for Wall Street in general.

Look at the number of former Wall Streeters (like Bezos) involved in this type of scheme.

High growth, low margins, and loose credit, practised on a global scale, first by Japan, and now by the US, has resulted in the deflationary mess that we're in.

The denial on Wall Street is pathetic.