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re: Amazon in 1999. Amazon today.

Posted on 7/23/18 at 12:45 pm to
Posted by TigerFanInSouthland
Louisiana
Member since Aug 2012
28065 posts
Posted on 7/23/18 at 12:45 pm to
quote:

I've been watching JD for awhile, with the tariffs and the coming downturn I would say it may be a little risky to jump on just yet. It's been trending down since its went public.


You mean to tell me a China copy of an American product is shite???? frick!
Posted by slackster
Houston
Member since Mar 2009
91873 posts
Posted on 7/23/18 at 1:01 pm to
quote:

I had the chance to buy shares in 1999 of amazon @ 75 dollars a share. i was poor back then and could have only purchased like 20 shares but needed the money.So i didnt buy.Literally seconds from pulling the trigger. My biggest blunder in my stock market trading Not that im any good at it anyway .Hell i bought enron stock tells you how much i know


You would have been down close to 80% or more in 2001. Today it would be worth about $75k. Not too bad, but one heck of a ride.
Posted by OweO
Plaquemine, La
Member since Sep 2009
122527 posts
Posted on 7/23/18 at 1:10 pm to
quote:

It's certainly not because of the user portfolio


Or their misleading article titles. Yahoo have a few niches that keep them somewhat relevant.

They have a good financial section and they break sports stories, that requires a lot of investigating.

They basically do the work for the biggest sports networks (ESPN). They break the story and then it's out there for everyone else to report it and talk about it.

And there are still a decent amount of people who still uses yahoo email..

Other than that, yahoo is doo doo.
Posted by OweO
Plaquemine, La
Member since Sep 2009
122527 posts
Posted on 7/23/18 at 1:16 pm to
I remember when Amazon sold only books. There was a book I needed for a class that was sold out everywhere around campus and someone told me to go look on the website amazon.com. That was my first ever purchase at amazon.
Posted by S
RIP Wayde
Member since Jan 2007
173711 posts
Posted on 7/23/18 at 1:58 pm to
Lmao Tom is tGOAT
Posted by NolakcbrTiger
Member since Jun 2018
1210 posts
Posted on 7/23/18 at 2:13 pm to
Any idea why he chose Amazon as the name?
Posted by NYCAuburn
TD Platinum Membership/SECr Sheriff
Member since Feb 2011
57015 posts
Posted on 7/23/18 at 2:26 pm to
quote:

Amazon.com was very nearly called "Cadabra," as in "abracadabra." Founder Jeff Bezos rapidly re-conceptualized the name when his lawyer misheard the word as "cadaver."

Bezos instead named the business after the river reportedly for two reasons. One, to suggest scale (Amazon.com launched with the tagline "Earth's biggest book store") and two, back then website listings were often alphabetical.
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