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

AMZN 234.95

+0.4%

3:46 PM EST

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To: Curlton Latts who wrote (53696)	4/28/1999 11:33:00 PM
From: Mark Fowler	Read Replies (1) of 164684

Have you ever heard of COM2001.com?<< Sounds like the name of a futuristic movie coming soon to your nearest box office... btw, good luck to you Carlton and here's some good reading if not already seen: "...In today's conference call, Amazon said that sales growth will slow in future quarters. This is a boilerplate warning that the Wise always jump and shout about anyway. Of course, as any company grows larger it will experience slower sequential growth on a percentage basis (on an absolute dollar basis, we're sure that Amazon will achieve record sales for a long time to come, year-over-year). Management also said that losses could exceed expectations in future quarters as they continue to invest in new businesses. (We're actually glad to hear this.) Numbers are impossible to project, however, because the losses will depend on quarterly sales amounts. This quarter, the $0.23 per share loss was considerably better than the $0.29 loss expected... The company is on a run-rate to top $1.1 billion in sales in 1999. Last year, most analysts didn't expect $1 billion in sales until 2001. " fool.com

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