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

AMZN 232.37

-0.9%

Dec 3 3:59 PM EST

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To: Oeconomicus who wrote (12831)	8/8/1998 11:33:00 AM
From: Glenn D. Rudolph	Read Replies (3) of 164684

Glenn, TA? How 'bout the FA? I guess the bulls have nothing to say about the 39% increase in Benji's estimate of THIS YEAR'S LOSS or the 151% increase in 1999 LOSSES. Better post it again: AMZN: BANCBOSTON ROBT decreased estimate for fiscal year ending 12/98 from $-1.12 to $-1.56 on 08/05/98 AMZN: BANCBOSTON ROBT decreased estimate for fiscal year ending 12/99 from $-0.61 to $-1.53 on 08/05/98 So, when is breakeven now? 2010? Strong buy? HA!!! Bob, It seems rediculous that breakeven is moving out from the end of 1999 to now around 2002 a or even later. No reason to believe it will not move out to 2010 as you stated. I would thing it should be clear to most people thar earnings are nowhere in the future. Losses continue to increase and any change of estimates moves losses further into the next century. Glenn

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