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Amgen, Inc. (AMGN) Message Board

nje457 8 posts  |  Last Activity: Jul 21, 2014 7:15 PM Member since: Sep 22, 2004
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  • Reply to

    today the p/e ratio is 560

    by l_jeannot Jul 21, 2014 1:00 PM
    nje457 nje457 Jul 21, 2014 7:15 PM Flag

    Brilliant! I'm going to start a business selling $100 bill for $90. I think my sale will go to the moon. Want to invest in my company?

  • Reply to

    How many years has the con been running now?

    by fig_plucker Jul 21, 2014 11:02 AM
    nje457 nje457 Jul 21, 2014 12:06 PM Flag

    In 2015, Microsoft will be the KING of the cloud, and Alibaba will be King James of online retailing. And the crooks in Wall Street will take Scamazon to sub forty. History repeats, just like 1999-2000.

  • nje457 nje457 Jul 20, 2014 12:12 AM Flag

    This is a marketing scam. People may think that $10/month will allow them access to all books that Scamazon sell. Wrong! Most will quickly discover that the hot new books are going to cost additional money! Smart informed buyers are no longer relying on Scamazon for the best prices.

  • nje457 nje457 Jul 18, 2014 9:51 AM Flag

    No more easy money making low-hanging fruits, so Scamazon must now rely on the all-you-can eat model for a more reliable stream of income. First was the Prime hike to $99.

    We all know that older active readers in the US are declining. Younger Americans favor texting, social media, and mobile communication.

    Those who sign up for this service will cost Scamazon money. Most readers will favor other free options like library, or buy only when needed. Let's say an average book costs $5. One has to read two books a month just to break even with this model.

  • nje457 nje457 Jul 14, 2014 3:23 PM Flag

    This is how Wall Street works. Do the unexpected. Just when you think Scamazon can go to the moon, this bubble pops. As for the drone story, lifting any package off the ground will cost a tremendous amount of fuel/energy (note the physics equation mgh...mass x gravity x height above the ground). Even if the drone doesn't crash or hi-jacked, the overall cost of fuel and maintenance will cause the final cost of the product to skyrocket.

    Finally, the government will never give up its power to control airspace without some sort of take-off/landing fees. And don't forget the terrorist surcharge fee to monitor a crowded airspace. Trucks are still the most economical way to move goods. Big cargo planes are very efficient, but it still cost a lot more money to ship by air vs. truck. This hasn't changed in fifty years because physics is ABSOLUTE!

    The drone shipping story is a big fat joke. Just waiting for the FAT CHICK to sing.

  • nje457 nje457 Jul 11, 2014 10:42 PM Flag

    Drone delivery will never happen because the cost of operation is much higher than traditional ground transport. Energy is conserved. Raising an object above ground level will cost mgh amount of energy, where m is the mass, g is gravity on earth, and h is height about ground level. Add high cost of drone vs. truck maintenance, liability insurance, plus drone theft and you have a formula for disaster.

    Speed of delivery will always cost more money. And the average customer will never pay extra money to shave a day or two off the delivery.

    Crooks in Wall Street are pumping Scamazon so that the big boys can unload due to the FTC lawsuit. AAPL has paid the fine based on the same principle. There is no way Scamazon will win this case. Not a good thing for a company that doesn't make a real money.

  • nje457 by nje457 Jun 12, 2014 10:19 AM Flag

    Garbage Sack's upgrade was the kiss of death...again.

    Prediction #1: 3D phone will be a giant flop. I give one quarter max.

    Prediction #2: All these new village idiot traders/paid pumpers will disappear next week.

    Prediction #3: New phone will be a flop, unless the Scamazon phone is less than $80 and BOZO is willing to provide unlimited talk/text/250MB DATA each month for $5 each month using AT&T, T Mobile, or Verizon towers. Then I might gamble with a Scamazon phone. Otherwise, I'm sticking with my $39 Nokia 520 and Lycamobile's pay-as-you-go plan with an average monthly cost of $3.

  • Reply to

    Discussion re new Amazon phone...

    by thedeathrace Jun 5, 2014 12:42 PM
    nje457 nje457 Jun 6, 2014 12:38 PM Flag

    Mobile phone buyers are generally split into two camps.

    The first group consists of savy buyers. These people understand that this a mature technology, and want the best bang for their bucks. This is why the $50-$60 Nokia 520/521 is the third best selling phone in the world. Phone has removeable battery, expandable 64GB memory, excellent free off-line world GPS navigation (same map software found in Garmin) with a decent 4" screen and OK camera. It can quickly link up with Windows 7 or 8.

    The second group wants to use the phone as a status symbol. They use less than 5% of the phone's capabilities, but are told by their peers or saleperson that they need an iPhone or Samsung phone to take advantage of all of these popular apps. Many only use the phone to talk, send/receive text, and take a few pictures.

    A Scamazon phone is not cheap. And it does not come with a good reputation or status symbol. 3D is a gimmic. If it can't get traction on a big screen in the comfort of one's living room, then it will be a major flop on the small screen of a mobile device. I wouldn't be surprise if there will be a backlash from some users who complain about headache when viewing the 3D screen.

    Another important variable for traction in this market is to get one of the big wireless carrier to support the phone. Novice users like the idea of contacting AT&T, Verizon, or T Mobile for technical support.

    There are plenty of fools in this world.

AMGN
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