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

To: KeepItSimple who wrote (40100)	2/14/1999 9:15:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

The question is, at what level of marketshare do they stop growing and attempt to make a profit? 60%? 90%? I think its already around 90. KIS, Just to clarify, that is 90% of the online book business although I am skeptical of that number. Here's a hint: Covey and Bezos will never tell you when they've decided they have enough marketshare, because that will be the same day the shell game is up. Increasing marketshare is their ONLY plan of operations. They have no clue how to ever become profitable. Amazon is doomed to failure, just as Boston Chicken was. Companys that at some point were successful, turned a profit. They may have spent more than their profit via expansion (meaning adding outlets and distribution centers) but they did this a year or two after they were net profitable. There is not even a projection for profits for Amazon anymore. When you intend to run a real business, you make it profitable as soon as you can. You dont just keep expanding and incurring more debt into infinity. Unless the purpose is not to run a legitimate business, but rather to keep the con going long enough to cash out as many insider shares as possible. Guess which path Amazon is taking? This is why Scamazon fits. Glenn