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


To: Sarmad Y. Hermiz who wrote (54625)5/2/1999 6:55:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
Amzn's new warehouse expense will dwarf any potential profit. Their losses will now
achieve the scale of steel companies. And its prospects will be just as grim. I just hope
there are enough believers to give us some trading profits before the final collapse.


Sarmad,

There will be time. The wharehouses are all leased. The addition to the newest one may be a direct expense to Amazon. That has not been released by Amazon as of yet. The "automation" is likely to be a direct expense to Amazon as well. The approximately $1 billion remianing should give us another year of valatility and a chance to play. I will need help in this kind of play<G>

Glenn