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

AMZN 230.84

-0.7%

Dec 31 3:59 PM EST

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To: Jay Rommel who wrote (17478)	9/17/1998 7:19:00 PM
From: Bill Harmond	Read Replies (2) of 164684

>>YHOO is almost even ... what gives??? Gary put up a slide at the end of his segment today showing target NET margins of 30-36%. He explained that Yahoo hoped to be delivering those kinds of numbers by this quarter next year and annually thereafter. He then proceeded to rattle off every disclaimer imaginable about forward-looking statements. But if Yahoo achieves that level of profitability (and they've never promised something they haven't delivered...and I don't think they would be changing their published model so radically and positively right now if they didn't already see it coming) Yahoo will be huge.

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