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


To: Bill Harmond who wrote (51063)4/17/1999 10:57:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
My long-term opinion is the same.

Thank you.

The street essentially just
converted a billion in Amazon's debt to equity this week. That's one hell of an
endorsement.


Agreed!



To: Bill Harmond who wrote (51063)4/18/1999 1:03:00 AM
From: 16yearcycle  Read Replies (1) | Respond to of 164684
 
Amzn has no boundaries to what it can sell on the net. I would think they would add a large auto sales area and perhaps team with someone like Geico to do direct insurance sales and quotes. I see that Brk is selling annuities on the web and I would suppose it is doable for amzn. Buying HomeGrocer.com is a no brainer. They will be able to grow revenue numbers 3-6x faster than wmt or costco did. And folks will persistently argue about profits but the street will simply not focus on that for at least another two years. Aol has a 160 billion cap and has been growing revenues at a snails pace compared to amzn's capacity. Amzn is valued at less than 1/5 of aol. It may not be a fair comparison, but I think amzn is a relative value.



To: Bill Harmond who wrote (51063)4/18/1999 9:25:00 AM
From: tonyt  Respond to of 164684
 
>The street essentially just converted a billion in Amazon's debt to equity this week.
>That's one hell of an endorsement.

It would be if the debt holders who converted held on to the stock. Somehow I doubt most (if any) did.