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

AMZN 231.51

-0.1%

9:36 AM EST

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To: H James Morris who wrote (19742)	10/2/1998 8:12:00 PM
From: OtherChap	Read Replies (1) of 164684

>It always appears to me they are trying to hide as much information >as possible If your losses had gone up 200% in the last month, partly because your business model never worked and partly because after AOL lost to the SEC you realize you can't write off Junglee and Planetall anymore, then you'd try and hide as much information about your real balance sheet as possible. Take a look at Network Associates- they've got billions in revenues but a few days ago some analysts questioned whether or not they could keep writing off every company they buy as a "one time charge" from here to eternity. Even though NETA has good profits, their stock is now trading around 30 bucks. I still haven't heard an answer from william on why Netscape no longer can command the price premium of the other internet darlings. After all, it still has more revenue than Amazon, and is far closer to making a profit. Could it be that Vinik was ready to move on to Amazon and Yahoo?

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