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


To: Bearded One who wrote (102336)4/28/2000 12:01:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
A little trvia from Amazon's balance statement.

Book value excluding goodwill (which they exclude the amortization to get the performa numbers and as they say is a truer picture of performance) is about a negative $500 million. Losses since inception is about $1.2 billion which I believe exceeds AOL's losses prior to them turning a profit but I am not sure of that.

Losses in the category of books, music and vides were $3.1 million yet management claims the book business was profitable??? Management refuses to give a breakdown as to how they arrived at these numbers because it would be giving away a trade secret to competitors???

My opinion is this firm is getting "funnier" all the time.



To: Bearded One who wrote (102336)4/28/2000 9:57:00 AM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
The move to profitability<G>

AMZN: DEUTSCHE BK SEC decreased estimate for quarter ending
09/00 from $-0.32 to $-0.34 on 04/27/00
AMZN: DEUTSCHE BK SEC increased estimate for fiscal year
ending 12/01 from $-0.80 to $-0.75 on 04/27/00
AMZN: DEUTSCHE BK SEC increased estimate for quarter ending
06/00 from $-0.38 to $-0.37 on 04/27/00
AMZN: DEUTSCHE BK SEC increased estimate for quarter ending
12/00 from $-0.29 to $-0.28 on 04/27/00
AMZN: Major Broker decreased estimate for fiscal year ending
12/00 from $-1.20 to $-1.35 on 04/27/00
AMZN: Major Broker decreased estimate for quarter ending 03/01
from $-0.23 to $-0.24 on 04/27/00
AMZN: Major Broker decreased estimate for quarter ending 06/00
from $-0.34 to $-0.38 on 04/27/00
AMZN: Major Broker decreased estimate for quarter ending 06/01
from $-0.18 to $-0.21 on 04/27/00
AMZN: Major Broker decreased estimate for quarter ending 09/00
from $-0.31 to $-0.36 on 04/27/00
AMZN: Major Broker decreased estimate for quarter ending 09/01
from $-0.15 to $-0.16 on 04/27/00
AMZN: Major Broker increased estimate for fiscal year ending
12/01 from $-0.54 to $-0.53 on 04/27/00
AMZN: PAINE WEBBER has reiterated estimate for quarter ending
12/00 of $-0.24 on 04/27/00
AMZN: ROBERTSON STEPH decreased estimate for fiscal year
ending 12/00 from $-1.19 to $-1.21 on 04/27/00
AMZN: ROBERTSON STEPH decreased estimate for fiscal year
ending 12/01 from $-0.43 to $-0.46 on 04/27/00
AMZN: ROBERTSON STEPH decreased estimate for quarter ending
09/00 from $-0.29 to $-0.30 on 04/27/00
AMZN: ROBERTSON STEPH decreased estimate for quarter ending
12/00 from $-0.19 to $-0.21 on 04/27/00