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

To: Glenn D. Rudolph who wrote (42906)2/27/1999 3:01:00 PM
From: Sarmad Y. Hermiz  Read Replies (2) | Respond to of 164684
 
Glenn,

>> The only book value that Amazon has is good will. There is no
tangible book value.

For a minute I thought you were talking about their book selection.

Thanks for the long answer to my question. I cannot imagine any perception of "coolness" to apply to prescriptions, but maybe they'll find a way. More likely they'll find a way to lose $300M instead of $200M per year.



To: Glenn D. Rudolph who wrote (42906)2/27/1999 11:31:00 PM
From: Mike M  Read Replies (1) | Respond to of 164684
 
Just a small clarification. The only book value that Amazon has is good will. There is no tangible book value.

Exactly Glenn...makes this a pretty risky investment by any standard. Not much prospect for earnings, much of that revenue growth may well be due to acquisitions as much as anything...

Not a real slam dunk, to put it mildly!

Mike


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