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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.60+1.5%3:59 PM EST

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To: 16yearcycle who wrote (53692)4/28/1999 10:32:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 
Why everyone is panicking with more than 3x revenue grwoth is
beyone me. Cramer has NO patience. He is probably reliving CD in his mind. Too bad.
When evryone starts focusing again on amzn's next q revenues and they come in at 375,
what will the stock be at? I think it will be higher.


Gene,

I believe the big complaint from a lot of the analysts is Amazon is not giving guidance anymore. They claim it is a "moving target." There is no profitability in site and Amazon is lacking in visibility. Analysts dislike projecting a firm lacking visibility. It makes the analyst look bad. It is the job of the CEO to give guidance to the analysts and Bezos is not doing that now.

Glenn
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