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

To: H James Morris who wrote (92978)2/4/2000 11:35:00 AM
From: Bob Kim  Respond to of 164684
 
HJ,

Back on 11/29 with AMZN trading at $93, the other Henry made these comments. At the time, his price target was $75.

"With a 2.5x, or 150%, increase in revenue this year, we estimate that AMZN will achieve roughly $633mil in revenues, a strong number, certainly (esp. vs consensus), but not amazing, in our opinion."



To: H James Morris who wrote (92978)2/4/2000 12:52:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Core U.S. book business was profitable in
the December quarter, and will remain profitable throughout 2000.

It is my opinion that Kiggen cannot read an income statement. That is a shame for an analyst and should be embarassing. My opinion is Kiggen took management's statements at face value and did no number crunching himslelf.

Glenn


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