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

AMZN 232.12

+1.6%

Dec 23 3:59 PM EST

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To: Candle stick who wrote (3012)	4/14/1998 12:37:00 PM
From: Tom D	Read Replies (2) of 164684

<<Do you really believe that a company can be brought public by a Wall street top investment bank and be underpriced by 10 or 20 fold?>>> AMZN is up by a factor of five or six since IPO because: 1) they are exceeding all projections regarding the execution of their business plan 2) the internet is turning out to be HUGE, as optimists predicted 3) probably their Q1 98 revenues are going to be awesome, as implied by Relevant Knowledge's estimates of web site visits. It is practically a given (at least in my small brain) that Q1 98 revenues will exceed Q4 97 (which even the most optimistic analysts did not predict). Maybe Q1 revenues will exceed $100 million? (I infer this from RK and Media Metrix data--it is just an optimistic guess). Probably the Q1 numbers are starting to leak out or they are being surmised by knowledgeable people. AOL is only up 2%, YHOO up 3% while AMZN is up over 5% today, so IMHO this is more than just the usual internet stock rally. Good luck to everybody, short & long Tom D

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