SI
SI
discoversearch

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: marion (Hijacked) who wrote (24798)11/6/1998 5:43:00 PM
From: llamaphlegm  Respond to of 164684
 
OC:

nice sleuthing today ... pls stick to this and no predictions ...



To: marion (Hijacked) who wrote (24798)11/6/1998 5:53:00 PM
From: OtherChap  Read Replies (2) | Respond to of 164684
 
Holy crap! I thought that was a fake press release, but I just checked and it is REAL!!

I have never in my entire investment history ever seen a press release that was so cocky and self assured! they actually mock Mr Bezos personally!!!!!

I STILL CANNOT BELIEVE THIS IS A REAL PRESS RELEASE!! IT SOUNDS LIKE A POST I WOULD MAKE IN JEST!!!

(but it is real, you can go to quote.yahoo.com and check the news stories under bks)



To: marion (Hijacked) who wrote (24798)11/6/1998 6:09:00 PM
From: Rob S.  Read Replies (2) | Respond to of 164684
 
Herein lies a story: Bezos has prided himself as a bit of the underdog to traditional book sellers and distributors and has flagrantly positioned himself in opposition to them. The market has greatly rewarded that bold positioning strategy with an obscene stock valuation. While out of one side of his mouth saying that they are the "World's largest on-line bookseller" and that they have more titles than anyone, on the other side he is moaning "we are a little struggling start-up about to be crushed by competitors who are maneuvering against us. Mommy fed, please protect us!" Competition can be tough in the real world.

----

Grind those cost structures down to the ground, collapse those duplicated functions and facilities, and dazzle the public with great values and meaningful content and associate programs. Make people happy to do business with you (an offer they can't refuse) and you will be rewarded. Go BarnesandNobel.com!!! Smite the Goliath Amazon!!!



To: marion (Hijacked) who wrote (24798)11/6/1998 7:00:00 PM
From: Rob S.  Read Replies (2) | Respond to of 164684
 
It looks like Yahoo! pulled the article - was it fake?