Amazon.com, Inc. (AMZN) Message Board

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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 206.99

-0.8%

Feb 10 3:59 PM EST

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To: John May who wrote (1099)	1/2/1998 7:10:00 PM
From: Don Westermeyer	Read Replies (1) of 164687

John, AMZN has earnings!? Last I saw they were expected to loose about $30mm/year. They are still quite deep in the development phase and are burning money like there is no tomorrow. I doubt earnings will suprise by very much if at all (refering to the whisper number). AMZN should be a pretty easy for analysts to estimate earnings (only one product, etc.). Even so, if earnings do suprise on the plus side or there is a big market rally, who knows what might happen? MMs may begin to exit the stock on the market strength. I'll go out on a limb again and say we are unlikely to see much more than its old high of $66, if even that.

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