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Amazon Stock....discuss your thoughts on the future

Posted on 4/2/13 at 9:32 am
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 4/2/13 at 9:32 am
trading at 3600x earnings is insane....

but I see their potential as insane, first off, my fiance has a big amazon store and they changed the fee structure around recently and will be making tons more on sellers, their reach is widening as more and more of my friends and even my parents use it now! Never thought they would, its unreal to me and I see this stock being one of the greatest stories of the next 25 years as barrier of entry is going to be slim with basically google who could even compete......what do you guys believe about amazon and its future.
Posted by GenesChin
The Promise Land
Member since Feb 2012
37706 posts
Posted on 4/2/13 at 10:01 am to
Monopolies never last
Posted by notiger1997
Metairie
Member since May 2009
58275 posts
Posted on 4/2/13 at 10:01 am to
I don't have much to provide other than to note that according to a friend who works for them, they are giving up possible short term stock gains to invest heavily for the future.

I have read this same thing on one of the stock message boards about how they are investing heavily on new infastructure, people, businesses, etc and appear to be doing things the right way instead of just trying to see how hot they can make their stock right now.

Probably not worth much, but that is my vibe.

Posted by rickgrimes
Member since Jan 2011
4181 posts
Posted on 4/2/13 at 11:50 am to
They are coming out with their own Kindle Smartphone in the near year or so. They just hired a top guy who ran the Windows Phone division away from Microsoft.
Posted by C
Houston
Member since Dec 2007
27832 posts
Posted on 4/2/13 at 12:25 pm to
quote:

I see their potential as insane


I somewhat agree. I rode this stock last year but sold a few weeks back as I think the risk is too high until profits start rolling in. As quickly as technology/internet sector companies can increase profit and revenue they can lose it just as fast.

I'm still in search of my next buying opportunity if anyone has any other suggestions... :-)
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