Amazon.com, Inc. (AMZN) Message Board

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

AMZN 227.35

+0.3%

Dec 19 9:30 AM EST

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To: Peter J Hudson who wrote (29595)	12/11/1998 1:36:00 AM
From: jach	Read Replies (2) of 164684

There is no way AMZN can substain this price ratio. AMZN is in a very competitive business where the big retailers will all come in once there is enough money to be made. Right now, they have their web sites all prepared pretty much ready to go when the time is right. It's like IBM and the big companies not getting into market until the market gets to a ceratin ize to make some decent gain. AMZN is still running at a big loss and the revenue is a tiny a few hunderd million dollars. Compare this to COSTCO revenue of more than 25 Billion$, one can see this market is just too small for any big players to come in yet. COSTCO is going to make about $3.00 earrnings in 1999 and the price is at around 60$. AMZN is going to lose (-$1.80) and AMZN is at 210+. AMZN is a 10$ stock and imo, it will be 10$ or less one year from now.

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