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![]() Amazon.com (AMZN) (Page 9)
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| Author | Topic: Amazon.com (AMZN) |
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postman |
AMZN is up 8 in after hours trading. I guess investors are paying more attention to the better-than-expected revenue number than the worse-than-expected earnings number. |
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Earnings Administrator |
Amazon.com (AMZN): -$0.55 reported, -$0.48 expected, -$0.07 same q last year. |
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Machiavelli |
That's a really great point smario. Everything I've read about their share price is that it is at these levels BECAUSE people view them as an Internet company. Because of this perception, many investors give them much more leeway, figuring eventually the profits will come. But if you don't view them as an Internet company, if you just view them as something like a mail-order catalog selling books and music, you would demand profits right now or give them zero chance of survival. I am not including their venture capital business in my explanation at all, by the way (which I think is their best side). And judging by the earnings numbers I just saw, profits are still a long, long way away. |
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smario |
Just a thought - Amazon sells books, videos, software, etc., right? So why are they considered an Internet company? Just because they are online? Do you really think companies who first had telephones in the early part of this century were called telecommunications companies? Or companies in the 1800s that first used light bulbs were called electric companies? So why do we consider any company that uses the Internet to sell their products and services an "Internet company"? |
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JHirsch |
This isn't too major, but its an interesting article... http://www.seattle-pi.com/business/amaz26.shtml Also, earnings are coming out on wednesday. Expect mounting losses along with mounting revenues from the holidays. |
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pokeboy |
Amazon is down about 40% off its highs. As far as I can tell, they seem to be following the exact path they've mapped out for themselves: rapid growth, huge losses, investments in other leading etailers, lots of partnerships, lots of affiliates, etc. For anyone else out there who thinks this company is a long term winner but felt the stock was too expensive, is a 40% dip big enough to be worth jumping in on? If not, how much lower are you waiting for it to drop before taking the plunge? |
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InvestorGuide Weekly Administrator |
Does Amazon need to start turning a profit quickly in order to save the e-tailing industry? Or is a shakeout inevitable, possibly already occurring? http://www.ecommercetimes.com/news/viewpoint2000/view-000121-1.shtml |
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humanity |
Amazon.com has added a high profile "community" section offering discussion boards, member pages and other services. I certainly hope that this isn't laying the groundwork for Amazon to move their customer service over to a message board system. It may be more efficient for them to handle it this way, but for the "complainer", it's still quicker to speak with an actual person over the phone. |
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bobcobb |
It seems to me they could easily add vans or other modes of transport to their service and tailor it as necessary for different cities as it enters those markets. Webvan is certainly a competitor, but now its not as overwhelming because Amazon is backing Kozmo. |
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lockin |
Kozmo is apparently doing pretty well in New York, but I'm not so sure it's going to work in other cities. It's basically just a bicycle messenger service. If they don't look both ways before heading out into traffic, WebVan could run them over... |
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JHirsch |
I'm suprised the media hasn't been saying any more about Amazon's investment in Kozmo.com. I guess news that comes out the same day as the biggest merger in history sometimes gets lost. Still, I think it is a great move for Amazon. If Kozmo can get its delivery service to break even it would be very useful for Amazon.com in large cities. People could get their books, cds, or other Amazon products and a snack or a movie with it. The best part about it for the customer (and the thing that is keeping some users away) is the chance for free and prompt delivery. Jake |
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InvestorGuide Daily Administrator |
Amazon is leading a group of investors investing $100 million for Kozmo.com which delivers movies, snacks and other items purchased over the Net to homes. http://www.internetnews.com/fina-news/article/0,1087,5_279861,00.html |
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lockin |
Found this in a recent article: "Amazon will have higher-than-expected charges as it writes down a massive inventory buildup that helped ensure it would not run out of certain products, particularly in areas such as toys and electronics." Remember when Jeff Bezos used to say that one of Amazon's key advantages was that it wasn't burdened by inventory the way bricks-and-mortar retailers are? Things sure can change in a hurry. |
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infooverload |
I agree, cool product. Look at this: Over the past year, "The stock zoomed from $50 to $100, then jumped from $100 to $42, then $42 to $110, then $110 to $45. OK, so that was all in just the first six months. From there, it was $45 to $72, back to $42, to $90, then to $60, back to $110 (this in December), and now here we are at $70." Not for the faint of heart. |
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dude |
When Amazon bought Alexa I thought they were doing it to eliminate (or at least delay) the rise of comparison shopping, a threat to their business model. Now I understand what Bezos was thinking. Very smart. |
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