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

AMZN 229.55

+0.2%

Dec 5 9:30 AM EST

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To: Tom D who wrote (3647)	4/29/1998 2:41:00 PM
From: Candle stick	Read Replies (2) of 164684

>>>The general and specialty booksellers do not have AMZN's potential for growth. Neither do BKS and BGP. Bertlesmann does, and I wish I knew what they were up to lately. <<< Of course they do! they are the same! They have websites, search engines and huge inventories. they make PROFITS, they can get financing much easier than AMZN who must go to the junk and convertible market, and they have pricing power....the potential for growth has never been better for the competition....IMHO...;^) >>>AMZN will likely sell $500M worth of books in 1998. I anticipate revenues of ~$10B in 5 years (2003).<<< Based on how much they lose per book sale if AMZN ever achieves 1 billion in sales they will be in receivership......NO MONEY TO OPERATE, that is what is happening to AMZN right now. As was pointed out earlier AMZN is LOSING over $101,000 per day, everyday, seven days a week, 365 days a year,........great long term investment,huh? The stock price has completely decoupled from the reality of operating a business. At some point the 2 must converge again.......;^)

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