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

AMZN 232.38

+0.1%

Dec 24 12:59 PM EST

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To: Candle stick who wrote (2955)	4/10/1998 4:23:00 PM
From: Tom D	Read Replies (1) of 164684

<<<Why would you hold this stock? You've gotten everything you hoped for, what more could you possibly expect?>> I could possibly expect sales of, maybe, $2 billion in 2001. If future prospects look good then, I could possibly expect a price/sales ratio of about 5 or 10 (I know--its a lot lower ratio than now). Figuring 30 million shares then, I could possibly expect a share price of somewhere around $400 to $600 per share. It all depends on how big the internet becomes, and how much value and loyalty there is to the AMZN brand name. We'll get another glimpse of that on April 23rd. The stock is worth what people are willing to pay for it. I don't pretend to be certain that I am right about this. But this is my sincere expectation. Whats nice is that we can all place our bets. I'll tell you what, if the stock gets back to $47 and later $23 per share, you can remind me about this. If it hits $180 and later $360, I'll tell you I told you so. Best Regards, Tom D

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