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ECT News Community   »   E-Commerce Times Talkback   »   Re: Amazon in the Right Place, Wrong Time

Re: Amazon in the Right Place, Wrong Time
Posted by: Keith Regan 2001-09-20 22:50:10
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Timing is everything in life. And for Amazon.com, the timing lately couldn't
be much worse.

It's clear to anyone following along that Amazon is making a full-court press to get to
pro forma profits in the fourth quarter, as it had said it would earlier in the year. And
it's also clear to casual observers of the U.S. economy in general, and online retail in
particular, that Amazon's job is getting harder every day.

Re: Amazon in the Right Place, Wrong Time
Posted by: larry 2001-09-21 06:09:01 In reply to: Keith Regan
pro forma profits are a lot of bs. even if jeff reaches that, amazon will still go chapter. if we pay for stocks we expect profits and dividends or we will sell our stocks and short the company.

Re: Amazon in the Right Place, Wrong Time
Posted by: M. Cox 2001-09-22 20:10:52 In reply to: larry
As a former frequent customer of Amazon over the years, I have increasingly experienced the site being down and having a lot of computer glitches, orders not arriving on time, etc. So much that I go on to somewhere else to order my products. I predict that if things do not change in the 4th quarter they will not be around much longer after that. I had high hopes for Amazon and used to own stock.
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I plan to do my holiday shopping…
Online only -- I like the convenience and comfort.
Online only -- I'd shop in stores if their stock weren't so limited.
At brick-and-mortar stores only -- I like to see what I'm getting.
At brick-and-mortar stores only -- I enjoy the holiday shopping atmosphere.
At brick-and-mortar stores only -- I want to support local merchants.
Online and in stores -- I want the best of both worlds.
I'm not planning on doing any holiday shopping.