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

To: KeepItSimple who wrote (31206)	12/26/1998 10:57:00 AM
From: Glenn D. Rudolph	Respond to of 164684

I agree. It is the direction of progress that we seem to disagree about. At their rate of expanding losses and dwindling junk bond cash reserves, they will literally be bankrupt by August of 2000, unless they float a secondary offering. This is really directed at William. At the beginning of 1998, the analysts were anticipating AMZN to turn a profit in Q4 of 1999 or at worst, Q4 of 2000. No one except Blodget is anticipating a profit within two years and Blodget is so far out that predicitions of that type in a quick moving medium are ludicrous. That does not mean they are incorrect. It just means I believe it is pure guess. None of us could say with absolute certainty what AMZN will look like in 2003. It is the progress I am missing. I am still seeing vastly increasing revenues. I have yet to observe a business model that will turn a profit at any point in time and even with infinite revenues. AMZN can change their model. I believe they are experimenting. Experimentation does now work well in the real retail world. As James would say, trust me on that. I really need help understanding the progress. I am not trying to be difficult William. I honestly do not see progress. Please explain it to me. Glenn