Amazon.com confesses its risks

[Zack Exley]

But in Amazon's case, they're playing down the real maganatude of the the
"risk".  Did you see that stat on Amazon that said they'd have to sell more
books than have ever been sold in the history of the world to get close to a
market average p/e?  They're best case profit margin is 7% or something
close to that, according to their own projections.


> -----Original Message-----
> From: owner-lbo-talk at lists.panix.com
> [mailto:owner-lbo-talk at lists.panix.com]On Behalf Of Jordan Hayes
> Sent: Thursday, January 06, 2000 4:40 AM
> To: lbo-talk at lists.panix.com
> Subject: Re: Amazon.com confesses its risks
>
>
> > ADDITIONAL FACTORS THAT MAY AFFECT FUTURE RESULTS
>
> To be fair, these "risk statements" are written by the lawyers
> so that no one sues them for losing money.  Lawyers suck.
> Microsoft & Intel, two of the most profitable companies
> around, have similar huge disclaimers about risk: people could
> stop using computers, somone could come out with a real operating
> system, etc.