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


To: Bill Harmond who wrote (59798)6/2/1999 9:33:00 AM
From: McNabb Brothers  Read Replies (1) | Respond to of 164684
 
William,

<Amazon is a better investment than Alcoa. It was at 196, too. >

You are losing your mind! Alcoa is not down any where near what AMZN is down since it hit 196! How can someone as smart as you make a statement as the above. If or when AMZN recovers to above 196 the above statement could be made until then I still think posters on this thread are getting the best of you!

Hank



To: Bill Harmond who wrote (59798)6/2/1999 11:14:00 AM
From: Don Westermeyer  Read Replies (1) | Respond to of 164684
 
Aloca will probably make at least $40/share over the next ten years. AMZN will still have more in losses than in profits in the same time period.
AA return on assets: 6.29%
AA return on equity: 16.33

Amazon is a better investment than Alcoa. It was at 196, too.

Time will tell. You may be right but one won't know for a long, long time.



To: Bill Harmond who wrote (59798)6/2/1999 12:09:00 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
>>Amazon is a better investment than Alcoa. It was at 196, too<<
William, it depends on when one buys it. In my case it was the low 30's. 196?? History will record that Amzn was @ 221, before it came back to earth.
I'm not forecasting the destruction of Amzn. The world will always have a place for an on-line, low margin, commodity seller.
Its just that it's stock price will be more realistic. Don't you think??