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

AMZN 232.37

-0.9%

Dec 3 3:59 PM EST

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To: Bill Harmond who wrote (24872)	11/7/1998 1:43:00 AM
From: SilverAG	Read Replies (1) of 164684

Okay let's say Jupiter's estimates are way off and the online market turns out to be $12 billion. 75% of the $12 billion market share gives AMZN a gross of $9 billion ($9 BILLION gross??) and a net (assuming again 1% net profit margin) of $90 million. That's about $1.76/share earnings, STILL giving AMZN a very high forward P/E of over 70 in the year 2002. And what about the interest on junk bond payments starting in 2003 William?

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