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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 231.35+0.1%Jan 21 3:59 PM EST
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To: H James Morris who wrote (136925)1/13/2002 5:19:07 PM
From: GST  Read Replies (1) of 164684
 
Amazing how poor the prospects really are: "A new study by Robertson Stephens estimates that even if Cisco grew at 20% annually over the next 10 years, to $100 billion in sales, and sustained operating margins of 15%, an investor who bought the entire company at its current market value would earn a measly 3% return a year, based on projected cash flow. They'd be lucky to do so well. The chances of hitting that 20% growth target now seem a stretch."
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