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


To: getgo234 who wrote (30764)12/21/1998 3:48:00 PM
From: Bill Harmond  Read Replies (1) | Respond to of 164687
 
>>If we add 10 million shares for the options held to the 53 million shares outstanding

Doesn't count. Options are side-bets. They don't increase the shares outstanding.



To: getgo234 who wrote (30764)12/21/1998 3:48:00 PM
From: KeepItSimple  Read Replies (1) | Respond to of 164687
 
>Not bad for a company that has never made a cent.

Just ask yourself one question: Was Amazon founded to become a giant bookstore/retailer, or was it founded to make Jeff Bezos rich?

Looks at Bezo's background. Did he have anything to do with computers or books or retailing in his previous career? No, his only business was hedging high risk investments on wall street.

If Amazon continues its price action for 2 weeks at this rate, it will rank in the top 25 companies in the US in terms of market cap. And it has never made a dime in profit. Think about that long and hard, longs. And then decide if you're investing in a tulip mania or a real company.