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Microcap & Penny Stocks : Anything Internet Corporation (ANYI)

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To: PistolPete who wrote (850)7/23/1999 2:26:00 PM
From: brad greene  Read Replies (1) of 1570
 
AMZN valuation.

Pete...all ANYI,

Here is some data on Amazon.com.......AMZN trades at 25x sales.

Amazon.com, Inc., is an online book, CD and video retailer offering more than 4.7M music CDs, videos, DVDs, computer-games, books, and other titles. For the three months ended 3/31/99, revenues rose from $87.4M to $293.6M. Net loss totalled $61.7M, up from $10.4M.

bg

ps. Note....they are spewing red ink.....net loss up 600%. Based on my model...ANYI @ $10.00 is trading (using the term loosely) at about 6x sales.
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