Here is a little comparisson of all 3 companies to make things a bit easier:
AMZN market cap...2.26 billion
BKS market cap....2.39 billion
BGP market cap....2.46 billion
AMZN debt...530 million
BKS debt....450 million
BGP debt....250 million
AMZN sales....144 million
BKS sales.....2.7 Billion
BGP sales.....2.3 Billion
AMZN LOSS.....(40) cents/share Q1
BKS profit....n/a
BGP profit....5 cents/share
Projected earnings(loss) from First Call:
AMZN....($-1.97) in 1998 and ($-.67)in 1999
BKS.....$ 1.13 in 1998 and $ 1.44 in 1999
BGP.....$ 1.21 in 1998 and $ 1.51 in 1999
ONLINE BOOKSTORES,,,,,all 3 companies have online bookstores (BGP opens this week)
Physical stores:
AMZN...NONE
BKS....'1,200
BGP..... 1,000+ (?)
>>>>>WHY ARE PEOPLE PAYING APPROXIMATELY THE SAME PRICE FOR THESE 3
COMPANIES, WHEN CLEARLY AMZN IS NOT EVEN DOING 1/20TH THE SALES, NO PROFITS,
MASSIVE LOSSES, MASSIVE PROJECTED LOSSES FOR 2 YEARS, AND TREMENDOUS DEBT AT
HUGE INTEREST, 10%...???????
IT IS ALL HYPE AND A SEXY STORY........
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