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


To: Randy Ellingson who wrote (24907)11/7/1998 12:48:00 PM
From: OtherChap  Respond to of 164685
 
> but the underdog doesn't typically have different rights to fair >business practices.

You can't claim a company "B&N" is being anti-competitive when company "A" is already worth more than every bookstore in america combined.

If amazon is as powerful as vinick and meeker would like you to believe, then they've got nothing to worry about.

But of course we all know the truth- that Amazon's stock price and "worth" is a total fraud, a pyramid of Bre-X proportions, so in fact the company has no real value or assets. I can just see it now:

Defense lawyer: How can we be threatening amazon if they are worth more than every bookstore in america?

Amazon lawyer: Is this being recorded? Are we on the record? Can we get this information sealed? Ok.. Judge, Amazon is currently hundreds of millions of dollars in debt, and our stock price is only so high because of a manipulative scam to keep it there. In actuality, we'll be out of cash in two years.

*sound of reporters in the audience running to telephones, front page of tomorrows wall street journal reads: "Amazon admits it has no assets or cash left" Next day in WSJ a footnote reads: "And in other news, Amazon stock plunged from 120 to 47 in a frenzy of selling after Amazon announced they would soon be out of money"

At least boston chicken made a decent sandwich.