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

AMZN 234.29

+1.3%

Jan 22 3:59 PM EST

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To: Joe E. who wrote (28908)	12/5/1998 12:39:00 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

<<Thirty dollars? Based on what? Sure not book value. Not projected earnings. Not on earnings growth>> Projected earnings. Joe, Projected earnings? I cannot locate any analyst showing any projected earnings for any point in time. All projections through 2001 are for losses. Fulfillment costs exceeds gross margins so without automating fulfillment, how can this company every be profitable? Please show me someone with projected profits. Thank you. Glenn

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