View Full Version : Amazon Down 13 Pct on Slow Growth Fears

07-24-2004, 05:31 AM
SEATTLE (Reuters) - Shares of Amazon.com Inc. fell 13 percent on Friday on concerns that growth at the Web's largest retailer was slowing and that customer discounts were hurting profits.


And more from Amazon....

Amazon Gets Relief in Toys 'R' Us Dispute

PATERSON, N.J. - Amazon.com got some relief Friday in its dispute with Toys "R" Us when a state judge eased a restraining order that the online retailer said would prevent the September launch of a service that would open its Web site to untold numbers of sellers.


07-24-2004, 09:11 AM
This whole week was horrible for net stocks. My portfolio lost about 10k.

07-24-2004, 02:02 PM
Yeah but your websites gained 7k. Invest in your websites, not in stocks... (Stockbrokers get heart attacks alot).

07-24-2004, 02:03 PM
My websites aren't liquid. If I needed to I could liquidate my entire stock portfolio and have that money sitting in my checking account in 3 days. I can't do that with my websites.

07-24-2004, 03:33 PM
Ring me up, I might buy your websites in less than 3 days;)

07-24-2004, 03:36 PM
Yeah, I would buy online-literature and savvy shopping in a flash if you offered them for less than $25,000.

07-24-2004, 05:27 PM
Of course I wouldn't sell for so little.

07-24-2004, 05:31 PM
but even if you did -- I wonder how the 'investment' would compare to stocks.

07-25-2004, 04:18 AM
I think investing in buying Chris' sites is a safe bet...

How are the stocks on Boeing going?