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


To: H James Morris who wrote (47058)3/23/1999 7:39:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 

>>** SERVICE MERCHANDISE TO FILE FOR CHAPTER 11.<<
Glenn, nothing personal but, who cares??


James,

I take that as being personal<G> There is a reason for that information and I believe I posted that argument when you laptop stopped working.

Service Merchandise was first to market in its type of business and had revenue growth that exceeds that of Amazon. They even had had profits. Maybe that was the problem. Anyhow, I located 15 year old articles on the success of Service Merchandise and likened it to Amazon. The stock went up 1000% over four years, etc. I was told by those in my industry that Service Merchandise would put me out of business. I have been saying that Amazon is just like Service Merchandise but without the profits. Look at what just happened to Service Merchandise.

That was my point is all:-)