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hoiwingchan

hoiwingchan
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  • Amazon: A Long-Term Buy [View article]
    I don't know how this prime thing can help amazon make money. My son use his friend's prime membership to buy to get shipping. Prime membership can be shared among friends and family.
    Feb 25 02:21 PM | Likes Like |Link to Comment
  • Goldman's Heath Terry hikes the price target on Amazon (AMZN +1%) to $355 from $325 in a move that would probably seem counterintuitive for virtually any other stock given that the company missed on both lines with its Q2 report Thursday evening and issued weak guidance. "We … believe Amazon is well positioned to benefit from accelerating global ecommerce growth, while leveraging its investment in technology, infrastructure, and customers into higher margin revenue streams," Terry says. That would be nice considering the company's operating margin was just 0.5% in Q2. [View news story]
    I don't see how amazon are putting their competitors out of business, but inviting more competition instead. My son went to Frys to buy a car stereo, and showed them how much the price in Amazon, they matched the price. What is the benefit buying from
    Amazon, if you can get what you want at stores with the same price?
    Jul 26 03:36 PM | 2 Likes Like |Link to Comment
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