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: GST who wrote (33912)1/9/1999 7:15:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 

Let's see -- Barnes has 15 huge distribution centers, some over 1 million sq feet and
AMZN has -- 3? Barnes has the wholesale business, the retail business, the printing
business and will move up the foodchain on line -- and AMZN has, I forget, but they
must have something -- look at all the people who bought their stock!


AMZN does have a name that I suspect most people have now heard of mostly due to the media coverage of the stock. I do not know what the value of that name is in that most people have never shopped at AMZN.

The tangible book values of AMZN is negative so in reality they are technically bankrupt. They do not own the three distribution centers. All three are leased.

The stock sure has moved up strong and the cause is more buyers than sellers. I do not believe one can argue with that.

Glenn



To: GST who wrote (33912)1/9/1999 8:22:00 PM
From: Jack T. Pearson  Read Replies (2) | Respond to of 164684
 
Barnes vs Amazon: Do you know anything about the inventory turns?