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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.09+1.2%3:48 PM EST

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To: tonyt who wrote (36359)1/24/1999 2:47:00 PM
From: H James Morris  Read Replies (2) of 164684
 
>>No one is expecting a profit<<
Of course not, but what the bulls are looking for is less losses.
Anyway it won't affect the stock price too much. If his losses are high. Bezos will tell you it was because of unprecedented revenue growth.
If his losses are lower its because of Ms Covey's EBITA. The institutions already know that.
It all goes back to one 'Thing'. His revenue growth and all the odds are on $250mil. That's why they call him the billion dollar man.
Now the bulls think he can be a 2 billion man in 99. I'm betting that unless he can get away with selling illegal drug's on his site. He won't make that!. Then, watch his stock price come down to earth, and you'll never hear his market-cap ever compared to Msft,Dell,Gm, and Wal-Mart again.
Ps
A lot of the newcomer's aren't aware that Bezos owes $500mil to his junk bond holders @10%. The good news is that he doesn't have to make any payments for, I believe it's now 3 1/2 years. Now I realize that for short term traders, that shouldn't be a concern, and since I can't recall a long term trader here. I'll skip the rest.
I'm still betting on a secondary by the end of the year.
Not only can you trust me on that. You can take it to your local bank.
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