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

AMZN 230.50

+0.4%

1:23 PM EST

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To: Glenn D. Rudolph who wrote (6861)	6/20/1998 1:50:00 PM
From: F The	Read Replies (1) of 164684

Hi Glenn, It would be nice if someone can analyze what is the growth of internet users in 1998, 1999, 2000, 2001 (2001 is what RSBA expects 20-30 times earning) & so on. Use an optimistic percentage of Inet users buying average number of books at AMZN. Then, we would find out, giving all the favorable factors, AMZN still would not come out with P/E 50 by 2001. Lets be objective that many do buy from them; they are and will still be the biggest online book seller. But, No way it is going to be bigger than BKS or BGP. AMZN can't take a big chunk of theirs otherwise they are going to seriously attack AMZN. No need to say more because we will be talking the same thing over and over again which have been discussed. I like the way Cramer analyzed AMZN. Have a great weekend! Felicia

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