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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.22+1.8%Nov 28 9:30 AM EST

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To: GST who wrote (39695)2/12/1999 8:01:00 AM
From: Glenn D. Rudolph  Read Replies (3) of 164684
 
AMZN: NATNBK MONT.SEC decreased estimate for fiscal year
ending 12/99 from $-0.61 to $-1.49 on 02/10/99
AMZN: NATNBK MONT.SEC made new estimate for quarter ending
03/99 of $-0.43 on 02/10/99
AMZN: NATNBK MONT.SEC made new estimate for quarter ending
06/99 of $-0.41 on 02/10/99
AMZN: NATNBK MONT.SEC made new estimate for quarter ending
09/99 of $-0.36 on 02/10/99
AMZN: NATNBK MONT.SEC made new estimate for quarter ending
12/99 of $-0.28 on 02/10/99

I was told AMZN was only losing $25 million per quarter in a post just yesterday. I stated that the $1.1 billion would last only a year or two. Outstanding shares are 153 million I believe. If -1.49 is correct, the loss in 1999 is $228 million or $57 million per quarter. I was also told that the $1.1 million was oeprating capital for the next ten years. It does not look that way.

Glenn
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