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Amazon.com, Inc. Message Board

  • savage_planet savage_planet Sep 26, 2000 6:51 PM Flag

    the unbelievable talent of Amazon

    It is not the day traders that will determine the
    fate of Amazon. It is the capitalists with the
    millions of pounds. Quite frankly if these people have
    given Amazon billions of pounds on favourable terms
    they must have a lot of faith.

    I work as a
    computer programmer. What Amazon have accomplished is a
    result of talented people. This does reflect on the
    management as well. It is not enough for a few talented
    programmers. There needs to be actual management there than
    has a clue what is going on technically as well. This
    is just so obvious to anyone with a technical rather
    than trading background.

    Amazon is not a scam.
    Else why would people do such good
    work.

    Organising a scaleable, searchable system that delivers to
    the whole world is a great accomplishment.

    The
    behaviour of the shorts on this message board is to drag
    down the hard work of a lot of people. It is shameful
    and destructive.
    It is the capitalists and not you
    day traders that decide whether Amazon is a scam or
    not. You people are only interested in making a quick
    buck. You are more of a scam than Amazon. At least
    Amazon creates something.

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    • sir_pumpdumphumpchump sir_pumpdumphumpchump Sep 27, 2000 12:38 AM Flag

      HE KEEPS THIS POS UP IN THE AIR, GOING ON TV AND
      TELLING PEOPLE HOW MUCH CASH SCAMAZON WILL HAVE @ THE END
      OF THE YEAR BEFORE SCAMAZON HAS PAID THEIR SUPPLIES,
      NO MENTION OF WORKING CAPITAL, NO MENTION OF THE 2
      BILLION IN
      DEBT!_!_!_!_!_!_!!__!!_!_!_!_!_!_!_!_!_!_!_!

      NO MENTION OF NEGATIVE OWNERS
      EQUITY!_!_!_!_!_!_!_!_!_!_!_!_!!_!___!_!__!

      ALL HAIL TO KING
      SCAMAZON!_!_!__!_!_!!_!_!__!!_!__!!_!__!

    • I spent the last half hour or so trying to find a
      publicly-held company that WASN'T overvalued by 4 times or so
      (Hell, even IBM has a P/E of about 30-1!)

      Just so
      people can see what one looks like, here's PACCAR (they
      make
      trucks):

      http://finance.yahoo.com/q?s=pcar&d=b

      This is the kind of stock that doesn't have a lot of
      "chat", and that INVESTORS would buy. See that "Div"
      thing. You may not have known what that is...it's gone
      out of favor lately. The P/E of 4-1 is what any owner
      of a company would expect from his or her
      corporation. If you think that this is unimportant, then I
      have an enterprise which, while paying my salary, is
      not making any more money. If you will give me
      $10,000, I will still probably not make any more money for
      the next five years or so...but I think that I will
      make a lot of money after that, and I may pay you some
      of it, but I won't promise.

      Please send the
      money today.

      • 1 Reply to banko98273
      • Uh ok, I'll be sending you my money! I trust you!
        You're great! I gotta believe in something, so it may as
        well be you! I love giving my money to strangers! It's
        yours, here take it! I've been givin Amascam all my
        money till now, and they keep losin like $3 million a
        day, so why not give it to a nice guy/gal like you?
        Sure, here take it, I don't want it! Take all of it!
        Hey Nem, tell Jeff I want my money back and give it
        to banko98273! I LOVE TO GIVE MY MONEY AWAY TO GOOD
        PEOPLE I DON'T KNOW ANYTHING ABOUT BECAUSE I'M DRUNK!

    • You confuse the Company with the stock price. If
      Amazon is destined to be a long-term survivor, then
      shorts & bashers have done no more harm than helping to
      depress the price temporarily, enabling long term
      investors to acquire even more shares at cheaper prices. If
      Amazon is to fail, then what the shorts do is
      irrelevant. As a matter of fact, when things get really grim
      the only buying will be short covering.
      Bezos
      has also confused the Company with the stock price,
      and has bet the farm on meeting the expectations
      implied with a 15B+ market value. He is losing the bet.

    • I cannot believe that you are over 30 years old.
      OF COURSE the workers at Amazon are great, I know a
      couple of them. Amazon, along with Microsoft, Oracle,
      Cisco, etc. are, indeed, good companies, who turn out
      fine products at, by and large, fair
      prices.

      The point is, and it is a point that people just
      refuse to understand, is that the stock in these fine
      companies is HORRIBLY overvalued.

      In 1929, another
      fine company, RCA, (I've owned several of their
      products), was equally overvalued. It was the "tech" darling
      of its day (similar to CISCO or Oracle). It stock
      chart prior to 1929 is almost identical to that of the
      4 Horseman. In the crash, its stock plummeted in
      value, but only to a point where its earnings began to
      bear some reasonable relationship to its stock price.
      It was always a good company. It's just that its
      stockholders were crazy.

      As to wanting to profit on the
      foolishness of others, and their failure to see the obvious
      (despite history and a series of warnings) OF COURSE I
      want to make a dollar here. I am the little pig with
      the brick house. If the other little pigs lose a lot
      of money because they fail to get themselves
      educated in simple things (like expecting a dividend from
      their company), then they are rightfully parted from
      that money.

      This is not a question of being a
      good company.
      When these good companies start
      earning money and paying dividends, then their stock will
      be at a proper level.

      Meanwhile you might
      want to research QQQ's and LEAP puts...the kind people
      on this site have been educating me, and I
      appreciate it.

    • I like you.

      • 1 Reply to madelyn_loves_amazon
      • Oh, just chill!

        Everybody realizes that
        AMZN's software, web design, fullfilment, and customer
        service are about as good as it gets on the net, the
        product of excellent thinking and execution.

        But,
        its a horse race, Dude. AMZN is a very good looking
        pony, but many are betting that it can't finish, and
        they say why they think so on this board, backing
        their opinions with real money.

        But, if you
        think your pony is fast - you should go long right
        now.

        PS: "If you wouldn't buy this stock tomorrow, why do
        you own it today?"

 
AMZN
744.86+0.43(+0.06%)Jul 22 4:00 PMEDT