Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: KM who wrote (41820)	2/22/1999 10:25:00 PM
From: KeepItSimple	Read Replies (1) \| Respond to of 164684

>''We want to invest for long-term market leadership,'' Covey told analysts at a >BancBoston Robertson Stephens technology conference here. Covey then might have added: "And I think the best way to assure the short-term chances of me buying a mansion by the lake in Seattle like Bezos is to continue selling every share of AMZN stock I own, as quickly as I can. "

To: KM who wrote (41820)	2/22/1999 10:29:00 PM
From: Teri Garner	Read Replies (1) \| Respond to of 164684

AMZN sold off because news leaked out (from conference) about more losses and flat revenues...

To: KM who wrote (41820)	2/22/1999 10:34:00 PM
From: Sarmad Y. Hermiz	Respond to of 164684

Truflette , >> Online book and music retailer Amazon.com Inc. (Nasdaq:AMZN - news) expects its operating losses to widen slightly in the next few quarters as it invests for long-term market leadership, Chief Financial Officer Joy Covey said on Monday. << Far from me to be so suspicious, but I wonder if it isn't a setup so they can "beat expectations". That is exactly how they managed 98Q4. AMZN is following the script very closely. Next will be analyst upgrades saying losses aren't important. Revenues are. Don't be short overnight.