AMAZON.COM RIDICULOUSLY OVERVALUED BY ANY MODEL (AMZN) Message Board

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Strategies & Market Trends : AMAZON.COM RIDICULOUSLY OVERVALUED BY ANY MODEL (AMZN)

AMZN 254.00

+4.0%

9:30 AM EST

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To: Dow Jones Reporter who wrote (84)	5/28/1998 2:43:00 PM
From: Candle stick	Read Replies (2) of 182

Amazon.com (AMZN) 86 5/8: BA Robertson Stephens upgrades from "long-term attractive" to "buy" and raises its price target from $65 to $88 a share; believes there is upside to current EPS estimates and room to raise price target as the company demonstrates more revenue and customer growth and leverage on marketing expenses; lowers 1998 EPS from loss of $2.84 to loss of $3.05 and 1999 estimate from loss of $2.17 to loss of $2.35 a share, but ups year 2000 EPS from profit of $0.02 to $0.12 and 2001 from $1.30 to $1.75 a share.... Someone explain why I want to buy a 90 dollar stock today, in this teetering market environment, that will lose ($3.15) in 1998 and LOSE ($2.15) in 1999 just because it MIGHT make 2 cents in 2000.......MANIA!?..........;^)

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