Amazon.com, Inc. (AMZN) Message Board

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

AMZN 232.12

+1.6%

Dec 23 3:59 PM EST

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To: Gordon A. Langston who wrote (23795)	10/29/1998 10:03:00 PM
From: Tom D	Read Replies (3) of 164684

Why do people get uptight about the earnings revisions? They are a joke. So What? Everybody, bulls and bears, knows this. Some people are acting like this is some kind of a scandal. Only the revenues and the number of members (x 2= # of eyeballs) are interesting. If the losses per share look bad, they will split the stock and thereby cut them in half again. This stock is about inspiring enough serious money to back the company while they lose $400 or 500M and try to survive the ongoing war of attrition that is known as ecommerce. AMZN needs to grow revenues. They will do this because ecommerce grows at 100% per year, and because they will enter new market segments and crush small, weak competition, like they are doing in music. AMZN's real competition has not really started playing the game yet (Bert, Wal-Mart, MSFT?). Their competition has given them a head start. The future is uncertain. For the time being, they are king of the hill, and being valued as such. Best Regards, Tom

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