Amazon.com, Inc. (AMZN) Message Board

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

AMZN 232.12

+1.6%

3:59 PM EST

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To: Mark Fowler who wrote (12227)	8/1/1998 3:21:00 PM
From: Rob S.	Read Replies (1) of 164684

Why not listen to Amazon's CEO and CFO rather than speculate wildly about future growth? You know your statements about growth and margins are contradicted by Bezos' and Coveys' guidance to analysts but refuse to listen to them. Because the only way you can support the price of the stock is to speculate wildly beyond the company's guidance you are throwing out numbers. OK, let's just pick some other numbers. E-commerce is expected to grow to around 250 billion in just a few years. If Amazon.com does 50% of those sales they will be worth 10X that or close to a trillion dollars. Gee, that sounds great. And if worldwide computer sales are over $150 billion per year, given the wonders of the internet, EggHead should do $50 billion in sales in five years and be worth $500 billion. Boy this is fun. These stocks are worth more and more . . . give me five minutes and they will be worth more than the present total economy - obviously the internet will cuase the economy to grow so much that that too is possible. WOW! "Onward mighty Amazon, marching off to sales, With the glory of the internet . . . Never seen before. No company can stand between you And vast riches not yet met; Forget about expenses . . . Web Bots, I choose to ignore . . . Forget about competition and other nasty bores . . . This is better than hoola hoops or tulip bulbs Or other things gone before!" (Sung to the tune of "Onward Christian Soldiers") Buy on Mighty Mark!

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