Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Sam Citron who wrote (59370)	5/31/1999 2:07:00 PM
From: Sarmad Y. Hermiz	Read Replies (2) \| Respond to of 164684

Sam, >> that I am afraid the article may have a devastating and corrosive effect on Amazon's market value unless someone takes the lead and refutes each issue point by point. << 1- All these points in Barrons are well known. 2- they cannot be refuted. They are facts. 3- the point not mentioned in Barrons, and the foundation of the longs' faith is that by its lowball tactics, Amazon will drive all other retailers out of business because they cannot afford the losses like it can. At that time, there will be only one retailer remaining in the world, and that will be Amazon. It will be able to set reasonable prices, which cannot be matched since no one in the world will have the efficient distribution facilities needed. It is now time for the faithful to stand up and be counted, as Lise Byer stated. Some would rather sit while roasting pork chops. If you don't know what I mean, just ask HJ Morris.

To: Sam Citron who wrote (59370)	5/31/1999 3:15:00 PM
From: rodney beasley	Respond to of 164684

go post on the thread of barrons bashing,its new

To: Sam Citron who wrote (59370)	5/31/1999 3:24:00 PM
From: Bill Harmond	Read Replies (2) \| Respond to of 164684

Like I said, I won't need to. Really. I don't think any institution with a position in the stock will act on that article. No one important will sell without hearing from the analyst community on this one. That's all that matters. That was sensationalist shock journalism on a long, slow weekend for Barron's sales and readership. The National Enquirer has been outdone. The best post on this board pointed out that she should have gone to school on return on invested assets. He said it all. She didn't bother to use Bezos' published strategies. All she needed do was use his letter to shareholders for the past two years as counterpoint. That didn't take much research.

To: Sam Citron who wrote (59370)	6/1/1999 8:08:00 AM
From: Glenn D. Rudolph	Respond to of 164684

INTERVIEW-Dell <DELL.O> sees Internet sales rising HONG KONG, June 1 (Reuters) - Dell Computer Corp said it aimed to see direct sales of its personal computers over the Internet to contribute up to 50 percent of total revenue in the next year or so compared with the current 30 percent. "Our business worldwide is about 30 percent on the Internet now for Dell," vice chairman Kevin Rollins told Reuters in an interview. "We have a goal to reach 50 percent within the next year or so." "We will continue to grow until we get to that point. Then we will set a new goal of probably 75 percent of our business (via the Internet)," Rollins said. Last month Dell reported a 42 percent rise in profit to US$434 million in the first quarter. Revenue grew 41 percent to US$5.5 billion. Dell said its sales of products and services via www.dell.com surpassed US$18 million per day during the first quarter of 1999, translating into a US$6.5 billion annual rate. "On the e-commerce side, it will be very, very large. Our growth rate can be in the US$20 billion to US$40 billion (range) over the next couple of years," Rollins said. Dell would spend about US$500 million on product development this year, in particular developing systems for use with the Internet, Rollins said. About two percent of the company's revenue goes to research and development, and two percent to information technology, and most of the spending is Internet-related, he added. Rollins said the average selling price of its personal computers fell two percent in the first quarter of 1999 from the fourth quarter of 1998. The average selling price was down by seven percent in the first quarter of 1999 compared with the same period last year due to a drop in component prices, Rollins said. He said the market average price was down some 12 to 13 percent. Rollins said he expected prices to decline at a much slower rate this year. "I don't expect to see that kind of average selling price erosion this year," he said. He said PC companies might lose money if prices continued to decline significantly.