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

AMZN 233.95

+0.3%

Dec 1 3:59 PM EST

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To: Narotham Reddy who wrote (8629)	7/2/1998 11:01:00 PM
From: Satellite Mike	Read Replies (1) of 164684

Dividing by ten would still give this a 600 Million cap. Maybe that's about right. I think it's gotten to the point where folks are absolutely sickened by the market manipulation of Morgan Stanley, etc., dis- couraging people from really even looking at balance sheets are fundamentals like barriers to entry any- more. This company has equity of only $2. dollars per share and the competition is just beginning. The last quarter they improved their revenues from 66 to 87 million, which is comically small compared to the stock price.

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