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

AMZN 222.50

-1.6%

3:59 PM EST

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To: John May who wrote (3495)	4/27/1998 10:19:00 PM
From: Tom D	Read Replies (1) of 164684

John, did you see the cumulative customer account numbers? The cumulative number of customer accounts rose from 1.5 million on 12/31/97 to 2.3 million on 3/31/98. An increase of over 50% during bookselling's worst quarter of the year. Also impressive is the revenue increase from $38M in Q397 to $87M in Q198. It was difficult to interpret the Q497 numbers with the holiday effect. The last estimate I saw for all of 1998 was revenues of $288M. I suspect we will see a lot of upwards revisions of estimates over the next few weeks. The global book market is about $80 billion annually. Then there will be music CD's and movie videos. :>) Tom D

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