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Amazon.com Inc. Message Board

  • megandaniels30 megandaniels30 Dec 27, 2008 9:00 AM Flag

    Amazon's Best Year

    The retailers really took a hit on the jaw even with massive price cuts. I found this bit http://www.bullishbankers.com/retailers-have-a-not-so-merry-christmas/ that just recaps the struggle thru the holidays. However, AMZN seemed to have their best year. Is this legit? I wonder if their margins were healthy. Do you think any of the retailers are a good investment these days? I personally think AMZN maybe a decent long term pick here.

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    • Well, I ordered a bluetooth headset for my dell mini yesterday through AMZN. I have one silly question: Why wasn't AMZN up more on Friday?

    • best year,What about Revenue? Unit sales mean nothing.

      In Amazon's 14 years in business they still have not made a cumlative profit (see Retained Earnings below)


      AMZN’s earnings for the past 6 years total $1.5 bn, an average of about $250 million a year. Not much for a company valued at $22 billion,

      Annual Net Inc- Amazon-

      Years ended-Dec 31,

      2007...476ml

      2006...190

      2005...359

      2004...588

      2003.....35

      2002....-149

      Total Net income for 6 years......$1.5bn



      Total Debt @Years Ended 12/31



      2007....5,288ml

      2006... 3,932

      2005....3,450

      2004....3,476

      2003... 3,198

      2002... 3,343



      Cash and Short Term Investments
      12/31
      2007.... 3,112ml

      2006..... 2,019

      2005......2,000

      2004......1,779

      2003......1,395

      2002......1,301

      http://finance.google.com/finance?fstype=ii&q=NASDAQ:AMZN&hl=en

      Retained Earnings (Accumulated Deficit)
      @ December 31-

      2007...-1,375.00
      2006....-1,837.00
      2005... -2,027.00
      2004.....-2,385.98
      2003.....-2,974.43
      2002......-3,009.71


      Greater Fools
      Who will be the last Greater Fool, the Greatest Fool, the final Bag Holder???

      THE GREATER FOOL THEORY-
      Popular among laymen but recently discredited by empirical research , greater fool's theory portrays bubbles as driven by the behavior of a perennially optimistic market participants (the fools) who buy overvalued assets in anticipation of selling it to other rapacious speculators (the greater fools) at a much higher price. According to this unsupported explanation, the bubbles continue as long as the fools can find greater fools to pay up for the overvalued asset. The bubbles will end only when the greater fool becomes the greatest fool who pays the top price for the overvalued asset and can no longer find another buyer to pay for it at a higher price.
      http://en.wikipedia.org/wiki/Dot-com_bubble

      It seems most longs either don't understand numbers-valuation, etc or ignore them. They seem to follow Cramer's 2000 advice-

      "...you have to throw out all of the matrices and formulas and texts that existed before the Web. You have to throw them away because they can't make money for you anymore, and that is all that matters. We don't use price-to-earnings multiples anymore at Cramer Berkowitz. If we talk about price-to-book, we have already gone astray. If we use any of what Graham and Dodd teach us, we wouldn't have a dime under management...."
      http://www.thestreet.com/funds/smarter/891820.html

      Go to his article, @ the above link, almost all of his picks went to nothing.

    • After all the doom and gloom media hype...................

      The media needs to stop the doom and gloom bull shit

 
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