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


To: Bill Harmond who wrote (52892)4/27/1999 2:23:00 AM
From: H James Morris  Respond to of 164684
 
William, what happened to B&N?? If it was all about books, I'd say don't count them out.
It's not about books any longer. I know, that you know, that!!
Ps
I know that you know, that it's all about revenue growth. Profits mean shit, and until the herd gets current, I'll play it to the hilt.
In my speculation account.
Trust me on that.



To: Bill Harmond who wrote (52892)4/27/1999 3:03:00 AM
From: H James Morris  Respond to of 164684
 
William, lets take a look @ todays action.
Amzn, closed on fri @ 210. It opened @ 209, then had a high of 215, with a low of 204:-)). That's 11 points of volatility.
It closed today @207 3/16 on almost 7mil shares.
You suggest tomorrow? I think with that with Bezos paying in confederate $money this stock will fly, with volatility.
If the gap up, is not too big. I might let my long shares run free.
Or, I might take the day off, knowing that this pig will always be around, until the junk-bond holders come knocking, that is.
Now, I understand that the junk-bond holders might convert.
That's a different topic. Don't you think??



To: Bill Harmond who wrote (52892)4/27/1999 8:05:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Remember a year ago when B&N was a contender? What happened?

William,

Barnes and Noble is becoming a huge contender in books as is BOL. Amazon continues to buy money losing companys which is accretive to losses. The losses will appear not as great due to the dilution of shares. If there ever are any profits, the same will be true on the profit side. I doubt that will ever be an issue.

I would say Jeff Bezos has run out of ideas on how to be profitable based on the recent acquisitions. Now he needs to make the company look like it is "moving." Where does not matter. The moving keeps the stock price up.

Would you say there is a master plan here and if so, what is it?

Glenn