Recent

% | $
Quotes you view appear here for quick access.

Amazon.com, Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • booyababy2 booyababy2 Nov 16, 2008 4:36 PM Flag

    Buy and Hold is Back for AMZN

    Obviously you are still focused on selling books, electronics, etc. That might be worth the P/E you refer to but there is so much more to Amazon's future than selling stuff you can find at your local Barnes & Noble. The future of Amazon is more akin to that of Salesforce.com.

    You keep ignoring the bigger inititives that Amazon is undertaking and your going have your short position taking every dime you've got.

    You need to take a closer look at what the company is doing to grow in the future.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • booy you said, "Obviously you are still focused on selling books, electronics, etc. That might be worth the P/E you refer to but there is so much more to Amazon's future than selling stuff you can find at your local Barnes & Noble. The future of Amazon is more akin to that of Salesforce.com."

      You can Compare Amazon to Sales Force, Competition will end their growth and profits. Sales Force is down big and will go down a lot more.

      Check this out, Larry Ellison's (Oracle) company is cutting prices in half to compete with Sales Force (CRM)








      NetSuite to promote software through HP resellers
      Tue Nov 11, 2008 12:26pm EST

      billionaire Larry Ellison, said it will promote its products through some 15,000 resellers that help market goods for Hewlett-Packard Co (HPQ.N: Quote, Profile, Research, Stock Buzz).

      The agreement announced on Tuesday will vastly broaden the sales reach of NetSuite at a time when it is struggling to keep sales growth in line with investor expectations.

      NetSuite, whose software is used by small- and mid-sized businesses to manage accounting, coordinate sales activities and run Web stores, has yet to turn a profit and has about 1,000 workers.

      Companies that sell goods for HP will refer potential customers to sales staff at NetSuite, which provides its software online as a subscription service.

      Such independent companies -- which sell and service computer hardware, software and other types of products made by tech companies -- are commonly known as resellers.

      If Palo Alto, California-based NetSuite closes a deal based on a lead from an HP reseller, the reseller will get a commission on the sale and be compensated again when the contract is renewed.

      The deal with Hewlett-Packard covers resellers who specialize in selling goods to small and mid-sized businesses. The resellers will also have a chance to learn to provide professional services and tech support to NetSuite customers.

      Adding HP's reseller network is part of NetSuite's effort to accelerate its expansion and compete against the far bigger sales teams of its key rivals, Salesforce.com (CRM.N: Quote, Profile, Research, Stock Buzz), Microsoft Corp (MSFT.O: Quote, Profile, Research, Stock Buzz), SAP AG (SAPG.DE: Quote, Profile, Research, Stock Buzz) and Intuit Inc (INTU.O: Quote, Profile, Research, Stock Buzz)...

      http://www.reuters.com/article/marketsNews/CORRECTED -

      • 1 Reply to stock100us
      • Well I never said Amazon is Salesforce.com. What I meant to infer is that Amazon is trying to be inovative like Salesforce.com. The problem with Salesforce is its too focused on a narrow segment of the software market and is, as you say, being challenged by a much bigger competitor in Oracle.

        Amazon is planning on going where nobody has yet gone. Its new computing inititive (cloud computing) is much broader than what Salesforce does. Its the next step in software evolution and if it takes hold, could mean huge profits for Amazon.

        You again mention its bad to hold anything that sells stuff. As I said previously, you have look beyond the sterotype Amazon business model to see the future of this company. Its going to be much more than selling stuff to consumers. As I prefer to buy low and sell high, I am buying at these levels rather than trying to pick an absolute bottom. If I new where the absolute bottom was for any stock I'd be too rich to sit around a post on this board.

    • I seriously wonder what the stock price will be when the "Dow" is at 5000 and the "Nas" is at 1100. I am thinking 22..We should find out in a couple of months!
      Amazon is a great company, but this is a bad time to own anything that sells stuff!

 
AMZN
671.32-12.53(-1.83%)May 3 4:00 PMEDT