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

AMZN 243.02

-0.7%

3:59 PM EST

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To: e. boolean who wrote (23172)	10/27/1998 7:56:00 AM
From: Glenn D. Rudolph	Read Replies (1) of 164685

You should put together a simple report on the downward revisions in earnings estimates over this year and the downward revision in "pro forma" losses and e-mail it to Greg Miles/Joe Kernan/David Faber on CNBC (the latter two c/o squawkbox@cnbc.com, the former c/o powerlunch@cnbc.com). They have all been expressing increasing cynicism eb, I will try on the weekend. Reports are never that simple since the source does not archive prior estimates beyond 90 days. I store them for my own use:-) Also, I thought they had more cash than $7M (plus Junglee's $4M makes $11M)? The rest is in marketable securities which may answer your question. Glenn

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