Amazon.com, Inc. (AMZN) Message Board

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

AMZN 226.76

+2.5%

3:59 PM EST

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To: craig crawford who wrote (19354)	10/1/1998 1:54:00 AM
From: OtherChap	Read Replies (3) of 164684

Amazon's earnings were lowered by 100 % two weeks ago, and now Nationsbanc Montgomery just reduced them ANOTHER 100%. Guys, this may be it. I've been told by an extremely reliable source that there was going to be a conference call between AMZN execs and analysts on friday- these new revisions could be what they're going to discuss. I hope the new earnings estimates hit the wire- no company's stock can withstand a 200% downgrade from expected results. I've seen 3 or 4 stocks get cut in HALF this week because they missed earnings by a few cents. Glenn, let me go out on a limb here and suggest that your Oct puts may end up in the money. :)

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