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

To: Glenn D. Rudolph who wrote (98268)	4/1/2000 10:15:00 AM
From: Beachside Bill	Read Replies (1) \| Respond to of 164684

Glenn, AMZN is in worse shape than FTL at 45 and the next year will be very sad for the speculation. A secondary issue would fail terribly and after the last below junk grade bond CAA3 issue fiasco another bond issue would be out of the question. I did notice that after J.B. said that losses were to decrease that the estimated loss will increase this quarter. Unless there is more creative income in the books division

To: Glenn D. Rudolph who wrote (98268)	4/1/2000 10:35:00 AM
From: SouthFloridaGuy	Read Replies (3) \| Respond to of 164684

Amazon.Bomb is slowly losing interest, check out the daily volume. It's clear that nobody wants to buy the stock and a stock in which people are not interested in is destined for failure in the intermediate term. The stock is a classic Ponzi scheme. It only goes up do to short covering and quite frankly, anybody who owns it even at these levels is a buffoon. Also look at consensus estimates, estimates for losses are increasing every 30 days... amzn losses have grown exponentially. '94: -$52,000 '95: -$304,000 '96: -$6,443,000 '97: -$32,595,000 '98: -$111,960,000 '99: -$719,000,000 Most alread know amzn growth is decreasing. It is decreasing exponentially. Here is the proof: '94: $0 '95: $511,000 '96: $15,746,000 x30 '97: $147,787,000 x10 '98: $609,996,000 x4 '99: $1,640,00,000 x2.5 As far as cash, according to the balance sheet, at the end of 1999, Amazon has about $117 million in cash. They have approximately $500 million in marketable securities, but the value of those securities is very suspect as of the recent tech debacle...All in all, as I see it, Amazon has less than a year left...including their bond sales, they have maybe 2 years left...this of course is static model and does not include any cash raising attempts by Jeff Bozo. But the end result is that, the company is on a resipirator as opposed to being a marathon runner. People ask, why is this the end? I can only say, that even I don't know if it's the end, but it sure doesn't help when all the companies in your sector are going bust, the Fed is aggressively raising rates, and money is rotating into old-economy stocks - something that hasn't happened since AMZN's public existence.