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

AMZN 229.12

-0.2%

Nov 26 3:59 PM EST

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To: IceShark who wrote (16219)	9/5/1998 4:24:00 PM
From: OtherChap	Read Replies (2) of 164684

Barrons article excerpt follows. Certainly sounds like a company I'd want to invest in. NOT. ********** With a paper fortune in the billions, Amazon founder Jeff Bezos may not even have a proper profit motive, says Tice. Accumulated losses in Amazon's business increased sevenfold in the 15 months ended in June, reaching $64 million. Investors must have been thrilled, because over the same period, Amazon.com's stock-market capitalization increased tenfold, or $4 billion. Recently, the company announced that it won't make money in '99, either. **********

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