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 Technology Stocks : Amazon.com, Inc. (AMZN)

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To: Bill Harmond who wrote (59275)5/30/1999 7:37:00 PM
From: JC ReddyRead Replies (1) of 161295
 
After all, it's about faith, isn't it?

I buy ONE book because AMZN is selling it at a discount and taking a loss on the sale. I become one of those 10 million buyers. Am I loyal to AMZN? As long as AMZN is taking a loss on their sales, may be.

Retailing and brokering isn't particularly a profitable high margin business. They make make a buck or two on volume, but that doesn't justify the current levels of AMZN stock.




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