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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.35+0.3%Dec 19 9:30 AM EST
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To: H James Morris who wrote (137719)1/24/2002 10:43:14 AM
From: Alomex  Read Replies (2) of 164684
 
As the e-commerce smoke clears, it has become more and more clear which players will be left standing and where. Amazon will avoid bankruptcy, but only just and settle in a mode in which it has losses three out of four quarters every year and then a modest profit in the christmas quarter.

Total earnings for the whole year will be in the tenths of millions of dollars give it a generous P/E of 40 and you end up with a per share price between $2 and $6.
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