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

To: Jan Crawley who wrote (76881)	9/7/1999 5:10:00 PM
From: Eric Wells	Read Replies (1) \| Respond to of 164684

Jan - hope the info is helpful. One correction - in a later post, I clarified that some of the original revenue and profit numbers were actually from the quarter ending March, 1999 - I've updated the table with revenue and profit numbers from the most recent quarter (July, 1999) - you can find it on my web site at: softagon.com Amazon's trailing twelve month revenue for the year ending July, 1999 actually comes out to $1.01 billion - giving Amazon an insider sales/revenue ratio of .42. When I see VPs selling large numbers of shares, I view that as cause for concern. But I have given up trying to understand what it is that is driving the prices of many of the internet and internet infrastructure stocks. By the way - did you see RHAT today? It closed at 108 - up 23 points. RHAT now has a market cap of $7.2 billion. The personal net worth of RHAT's found is now over $1 billion. This is incredible for a company that sells a product for which they possess no intellectual rights. And it seems their revenue model is highly reliant on selling $30,000-$50,000 support contracts. So much for the revolutionary notion of making software so easy to use that support is not necessary (one would think this would not be in Red Hat's best interest). This market is overflowing with ironies. Thanks, -Eric