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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Bilow who wrote (71104)	7/31/1999 11:23:00 PM
From: Victor Lazlo	Respond to of 164684

<<Given 1Q99's revenue of $293MM, applying this multiple would give results for 4Q99 of $1028MM. This is in excess of the $850MM that TMF estimated, because they rounded 3.14 to 3 in their calculation.>> Carl - That is very bad news for AMZN and its shareholders. They will lose an ever greater margin of money on this huge amt of revenue, and the stock will go down, and analysts will scurry to increase foward loss estimates, all the while trying to curry favor with AMZN for underwritng of debt/secondary stock offerings. It is not like the old days; after all, this is internet time we are talking about here. Victor

To: Bilow who wrote (71104)	7/31/1999 11:29:00 PM
From: Jan Crawley	Respond to of 164684

Hi Bilow, 1/8/99, Amzn up to $199 1/8 2/18/99, Amzn down to $84 1/4 4/27/99, Amzn up to $221 1/4 6/14/99, Amzn down to $89 3/4 7/16/99, Amzn up to $142 1/2 From $199 to $84, it was down 58%. From 221 to 89, it was down 59%. However, the 7/16/99-@$142 1/2 was far from a new high or old highs. A 50% drop from 142 will give you $71; a 40% drop from 142 gives you $85. With the split dated 9/1/99, I think that Bezos's strategy of providing a floor between $85/$100 is a good one. So I will say be very careful shorting from here.