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Amazon.com Inc. Message Board

  • jkt626 jkt626 Jul 17, 2009 10:48 AM Flag

    50x earnings 12x book

    VIX below 25.

    Be fearful when others are greedy.

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    • read this.........

      Apple tanks in the PC market
      We told you so
      By Nick Farrell
      Friday, 17 July 2009, 11:25

      APPLE'S POLICY of charging high prices for mediocre spec but nice design has proved as successful in the recession as we said it would be.

      IDC has confirmed that Apple's belief users will pay what it tells them to pay even if they can't afford to put food on the table has backfired.

      The beancounters said that Apple, which the market researcher lists as the fifth-largest computer maker in the United States, saw Mac shipments fall 12.4 per cent from the same period a year ago to 1.2 million units. Apple's market share fell nearly one per cent to just 7.6 per cent.

      All PC makers have shipped fewer computers in the first and second quarters than during the rest of the year, which typically has higher sales because of the back-to-school and holiday seasons.

      Although Apple knocked a hundred bucks off the price of its PC range, it did nothing other than hold fast to its religious belief that users would still want its expensive toys.

      As a result it has been hammered like every other high-end PC maker during the recession. Most of the market won't dream of buying a PC that costs more than $800 and Apple's least expensive notebook lists at $999.

      Users have been buying low-cost PCs, most of them notebooks or smaller netbooks, a market in which Apple arrogantly has refused to play.

      Acer, a leading low-cost computer maker, saw a 23.7 per cent increase in shipments in the second quarter worldwide and a 51 per cent rise in the United States, according to IDC.

      The figures could be a lot worse too. Apple, unlike every other manufacturer, keeps its numbers secret and IDC has had to have a guess. That's why its figures are a bit different from Gartner's, which show Apple's shipments rising 2.5 per cent while losing some market share.

      Fortunately for Apple it does not have to change its policy much. It has huge cash reserves and can adopt a Slartibartfast approach to economic problems and sleep until the recession ends and people can afford its expensive gear again. µ


      AS I SAID TODAY WAS THE DAY TO DUMP ALL TECH SCAM BUBBLES

      WORKING CLASS OUTSIDE SILICON VALLEY CAN'T AFFORD FOOD, CALIFORNIA BUSTED

      LOL

    • SEC CROOKS

      BIGGEST FRAUD FUTURE 2011 ESTIMATES SPIN BY ALL ANALYST CROOKS ON AMAZON "KINDLE (eReader) since Enron scam

      Remember "ENRON" AUDO TAPES: California Grid..BURN BABAY BURN

      Here are facts on KINDLE...

      BEZOS CROOK assemble few 100 Kindles and than Hypes..ALL KINDLES SOLD OUT but will not reveal exact number of KINDLE sold ...what else is a crime pump?

      Here is Competition to Kindle, whick infact makes KINDLE a stone age expensive device .

      Http:www.plasticlogic.com

      AND BEST CHEAP SOLUTION BEING LAUNCHED IN Q4, 2009 BY THIS TECHNOLOGY
      whick makes Expensive Kindle Obsolete and can not make any profits or big revenues in the future but ANALYST CROOKS GANG UP and project 2011 scam numbers for $100 target price and Billions to AMZON Ponzi scam valuation without ever any Dividend payment
      (((DEMISE OF KINDLE IS ALREADY HERE:PROOF)WHY NO ANALYST CROOK )))))
      WARN?INSTEAD HAS 2011 SCAM CRIME SPIN TO JUSTIFY SCAM TARGET PRICE

      PROOF IS HERE:

      NETBOOK WITH eREADING and FULL PC FUNCTIONALITY IN COLOR FOR $300............MOBILE CARRIER SUBSIDY CAN BRING TO ZERO PRICE OFFER IN Q4, 2009

      KINDLE DEVICE IS ALREADY OBSOLETE AS NEW TECHNOLOGY FROM:

      KINDLE IS BUSTED

      must see video=KINDLE IS BUST

      Mary Lou Jepsen answers user comments

      Posted by Charbax on June 7th, 2009

      Following the initial video that was released showing the Pixel Qi screen during the Computex trade show in Taipei, Mary Lou Jepsen, CTO and Inventor of the Pixel Qi screen technology, answers user comments that were posted on the Engadget and Mobileread threads (among many other blogs who linked to the first video) with users from all over the world commenting and asking questions about the screen in the first video.

      video;http://techvideoblog.com/computex/mary-lou-jepsen-answers-user-comments/

    • posterposterposterposter posterposterposterposter Jul 17, 2009 2:33 PM Flag

      And keep in mind, the so-called book value for Amazon is from mostly merchandise with a 200% mark up premium. As a matter of fact, on average, ALL Amazon sales will have to have at least 50% discount of the book value price in order to get sold.

      • 1 Reply to posterposterposterposter
      • i dont including merchandise, goodwill, or and a huge chunk of other assets as part of book value.

        most or all of these items are overvalued, cannot be sold readily, or just completely worthless like goodwill.

        excluding most of this, and book value is $0.

        amazon is a trading stock, not a investment. the company cannot earn $80 in its entire lifetime.

        do the math. assume $2 (high high estimate going forward) x 43 years = $86.

        does anyone in their right mind actually think amazon will be around in the year 2052 or in 43 years?

        and does anyone really think investments consist of prepaying 43 years (or more 55 years) worth of earnings that will never materialize?

        answer = no.

        amazon is solely a trading entitiy. ownership in amazon is "dumb" money. dumb money never gets hurt overnight.

        oil went to $147 before dumb money got slaughtered.

        first solar went to $300 before the same.

        amazon is a scam, not an investment. we all know it, and the above describes why.

    • dude its not 12x book. its 43x book. tangible book is like $2.

      but amazon cures cancer! we cant be bothered with petty things like actual earnings or equity. no no no, not for the online website with 5 warehouses that sell miracles for ever share!

    • nobody really cares about PE. You are just trying to justify your negative views. The upside is unlimited. Kindle, cloud computing, global growth, etc. The last time it was 75 PE Amazon went up 400%.

 
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