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

To: Glenn D. Rudolph who wrote (106583)	7/27/2000 1:44:58 PM
From: Ram Seetharaman	Read Replies (3) \| Respond to of 164684

Glen - assuming the following are the losses for the next five quarters (highly conservative and blown out! assuming revenue growth of 40 % from year before quarters to present ones!) - $ 100 million, $ 115 million, $ 130 million, $ 145 million, $ 160 million - that is $ 650 million in the hole. They have $ 908 million in cash. So by crude calculations they will have about $ 258 million in hand, when they go to the final quarter of 2001, when I expect them to be profitable and stay profitable. So as a business, they are going to make it! If they cut these losses considerably and improve profitability by acquisitions and some good marketing, they may still have over $ 500 million cash going into 2002! The key is 40+ % growth with declining losses - should make it eventually - added surprises may be falling interest rates in U.S, as budget surplus zooms! I rate AMZN long term attractive/hold and a short-term buy at these $ 30 levels!