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Amazon....
- Thread starter krazykarl
- Start date
Quote from Recall:
Errr, Amazon Prime is $79.00 a year not $25.00
Sorry, you're right, I was thinking of the free super saver shipping with $25 when I typed $25. Amazon Prime and the super saver shipping are often mentioned by people, especially since they apply even to some of the groceries on Amazon (and diapers).
In a note to clients late Monday, Goldman Sachs analyst James Mitchell kept his "Buy" rating and $98 price target for the shares (AMZN). The analyst said that Amazon's business model "has proven highly successful in Japan, a case study for limited credit extension and weak consumer spending in recent years."
He added that Amazon finished its second quarter with $1.1 billion in net cash, which means it could keep investing against its business plan as rivals see hard economic times.
Mitchell also said that "capital constraints may prompt particularly hard-pressed rivals, such as Circuit City (nyse: CC ), Borders and DSG International, to shut stores, pushing more consumers to shop at sites such as Amazon instead."
http://www.forbes.com/feeds/ap/2008/09/30/ap5490108.html
He added that Amazon finished its second quarter with $1.1 billion in net cash, which means it could keep investing against its business plan as rivals see hard economic times.
Mitchell also said that "capital constraints may prompt particularly hard-pressed rivals, such as Circuit City (nyse: CC ), Borders and DSG International, to shut stores, pushing more consumers to shop at sites such as Amazon instead."
http://www.forbes.com/feeds/ap/2008/09/30/ap5490108.html
Quote from aresky:
In a note to clients late Monday, Goldman Sachs analyst James Mitchell kept his "Buy" rating and $98 price target for the shares (AMZN). The analyst said that Amazon's business model "has proven highly successful in Japan, a case study for limited credit extension and weak consumer spending in recent years."
He added that Amazon finished its second quarter with $1.1 billion in net cash, which means it could keep investing against its business plan as rivals see hard economic times.
Mitchell also said that "capital constraints may prompt particularly hard-pressed rivals, such as Circuit City (nyse: CC ), Borders and DSG International, to shut stores, pushing more consumers to shop at sites such as Amazon instead."
http://www.forbes.com/feeds/ap/2008/09/30/ap5490108.html
Time to sell AMAZON, no need to listen to analysts, AMZN is going to $50 before it goes back to $100
AMZN is going to 150 soon. They are the online version of wallmart .
yeah as of this morning i feel rather bearish for this over the next couple of days unless we get awesome news... this thing is crazy tho its like my girlfriend when she was trying to decide on which sofa to buy.