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See Full StoryThe post-holiday time is always a quiet one. There is a natural letdown
as the New Year begins and people quietly work their way back into their
workaday routines. But because the expectations were higher there than anywhere else,
the silence is particularly deafening in Seattle -- the home of Amazon.com, which
has been promising for a long, long time that it would reach profitability at
the end of 2001.
Re: Solving the Silence from Seattle
Posted by: Bill Winn 2002-01-07 20:51:39 In reply to: Keith Regan
Amazon continues to use smoke and mirrors and the so-called financial experts still can't see the truth. PRO FORMA profits. What company couldn't be profitable using pro forma accounting?
Re: Solving the Silence from Seattle
Posted by: J.W. Riester 2002-01-05 09:30:58 In reply to: Keith Regan
The December 27, 1999, issue of Time Magazine named Bezos its "Person of the Year". At that time, Amazon was losing a million dollars a day. Since that time, Amazon stock has lost 85% of its value. In calendar 2000, its net income was negative $1.4 billion, double the loss from the previous year.
What explains your infatuation with a business that epitomizes the wrongheadedness that crashed the Nasdaq last year?
