Amazon.com, Inc. (AMZN) Message Board

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

AMZN 247.35

+0.4%

Jan 9 9:30 AM EST

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To: Rob S. who wrote (14672)	8/26/1998 3:03:00 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

That's not so bad is it Glenn? I mean just an increase in losses from -$.45 to -$1.50 per share for year 12/99 isn't any reason why bulls shouldn't just charge ahead and buy more stock. In fact, I think it's a great reason to double up - how many companies are blessed by the gods of internet stockdom with increased losses so that they can fight off the pervasive nature of competition on the net? Rob, The above is only a 233% decrease in earnings estimates. If 2000 is another 233% decrease, we are looking at a loss of $3.50 per share. That is only $175 million in losses in one year. This is a great success story. Glenn

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