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2 posts tagged with Amazon by ParisParamus.
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Fake profits are causing the stock market to descend.

Fake profits are causing the stock market to descend. Could someone explain to me the meaningful difference between Enron and Amazon.com? One company recently reported fake profits of $5 million, while having billions in debt. Enron, well...no profits either, and billions in debt. So why is Amazon.com considered "promising"? Enron had a revenue stream too.... Prediction: Amazon.com's stock will be "revalued" sharply lower as people get lucid about real profits and as the accounting/profit scandals spread.
posted by ParisParamus on Feb 4, 2002 - 19 comments

AOL gives pre-ICU infusion to Amazon.

AOL gives pre-ICU infusion to Amazon. Jeff, baby. It's over. Your place as an e-commerce pioneer is secure, but face it, selling mass-market atoms on the Web was never going to work.
posted by ParisParamus on Jul 24, 2001 - 16 comments

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