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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 220.66+1.6%3:59 PM EST

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To: John May who wrote (153)8/27/1997 4:37:00 PM
From: Bilow   of 164684
 
Another web seller just announced 40% off cover hard backs on
the net. If AMZN followed, this would further erode their margins.
The number that really counts is that margin number, if it doesn't
pick up this quarter it is probably time to run and hide.

My guess for 97 sales: $180M. In that sense I am more optimistic.
On the other hand, I expect this stock to be either bankrupt next
year or diluted with another stock offering. I don't think its likely
that a bank will loan them any money, and if you look at their
financials from a cash-flow basis it is not pretty. Their cash-flow
ratio to sales got worse in their last quarterly. They run out of cash
next year.

I have no position in this company, nor do I know anyone who
does. But I do find it fascinating. I am afraid that I don't have
the time to discuss this, but their really haven't been much postings
on this thread, and an interested investor can go back and read
them all in the space of a few hours. So bye until they announce
their next quarter's results, or some other news comes out.

-- Carl
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