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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.58+0.4%3:59 PM EST

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To: Alomex who wrote (149605)11/3/2002 2:26:05 PM
From: H James Morris  Read Replies (1) of 164684
 
I'm just the messenger.:)
Nov 2, 2002
>>The earnings cops at Barron's take another run at Amazon.com (AMZN: news, chart, profile), citing a performance that is "merely operating at slightly better than break-even, based on its own pro-forma definition of earnings -- a definition that excludes ongoing restructuring charges and options-based pay." Barron's suggests that a reasonable price-to-earnings ratio could be 20, but based on its examination of Amazon fundamentals, it says such a ratio justifies a $5 price rather than Friday's close at $19.80
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