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

AMZN 246.65

+0.2%

2:29 PM EST

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To: John O'Neill who wrote (26026)	11/15/1998 1:12:00 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

I'm trying to understand why AMZN sells for 200 times estimated earnings for year 2000.....it seems like the competitive picture/internet retail "landscape" would be difficult to predict that far out to justify that high a multiple... John, Please correct me if I am wrong, but I believe AMZN is projected to lose money in the year 2000. Glenn

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