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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 231.18-1.4%9:53 AM EST

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To: Bill Harmond who wrote (24872)11/7/1998 1:52:00 AM
From: SilverAG  Read Replies (1) of 164684
 
Do you understand what my assumptions are William? I'm assuming that

1. AMZN can kill the competition in CDs, software, videos, & books,
taking 75% of the market by 2002. AMZN doesn't even have 50% of
the CD market now and they have to compete with Musicboulevard,
Cdnow, Soundstone, Bmgmusicservice, Columbiahouse, Walmart & Tower
records!

2. Jupiter's forecasts are $6 billion dollars off for 2002. $6
billion is $21.42 for every man, woman and child in America. Of
course it was easier for Jupiter's estimates to be off when the
overall market is still less than $1 billion, but could they be
off by $6 BILLION in 2002?

And still AMZN would have a forward P/E of 70 for 2002!!
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