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


To: Tom D who wrote (26731)11/18/1998 2:12:00 PM
From: Peter Bernhardt  Read Replies (2) | Respond to of 164684
 
Bezos has manuvered around every challenge and excuted the business plan to perfection.

Except for the one nagging flaw that he has yet to lead this fantastic company to profitability. Indeed, for anyone who really cares (and apparently no one does), Amazon offers no prospect, either now or through the foreseeable and even distant future, of showing a profit. Instead losses continue to widen.

While momentum and market hysteria pushes the price of this retail company that has made a virtue out of losing money ever higher, it can be fairly said that the only thing that matters is the price of the stock and that its continuing ascendance into even thinner air is all the justification one needs to claim that this company is being run to perfection.

That may be. And others may very well profit from this mania and good for them. I'll just watch the fun myself, and look forward to someday returning to a world where perfection means something other than its currently perverted definition.

- Peter B



To: Tom D who wrote (26731)11/18/1998 7:50:00 PM
From: JBL  Read Replies (1) | Respond to of 164684
 

Tom :

I think the paralel in the modus operendi of Clinton/White House and Bezos/analysts/KP is absolutely striking, and I can't be the only one thinking along those lines.

In both cases, the leaders are held as some kind of genius, and are defended on the record of the prosperity they have brought to the public, with no discussions about future consequences.

They corrupt powerful third parties to receive positive publicity.

They use an unlimited ammount of hype, spin and manipulation to defuse all crisis, and rely on the emotions of crowds to keep them out of trouble.

They are morally bankrupt, selfish, and count on honest people like you, to defend them tooth and nails.

By the way, I'd keep a close eye on what happens to Clinton if I were you.