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

To: microhoogle! who wrote (107630)	8/29/2000 1:09:32 PM
From: Bob Kim	Read Replies (1) \| Respond to of 164684

Merrill Lynch analyst Henry Boldget considers announcement of Amazon France as positive with revenue increase for 2001 at approximately $75 mln to $100 mln; One important sentence Briefing.com left out: "We are not changing our revenue estimates." Why not? Flashback to 7/27/00: After Amazon misses Blodget's 2Q revenue estimate by $7 million (1%), Blodget lowers his 2001 revenue estimate by about $700 million (15%).

To: microhoogle! who wrote (107630)	8/29/2000 1:23:27 PM
From: Glenn D. Rudolph	Respond to of 164684

Amazon France as positive with revenue increase for 2001 at approximately $75 mln to $100 mln; however expects will lose roughly $25 mln This sure looks like a move to profitability???

To: microhoogle! who wrote (107630)	8/29/2000 10:47:23 PM
From: Charlie J	Respond to of 164684

"For AMZN news/discussion hungry people only" Blodget says France will increase revenues. Ok. But the issue for Amazon isn't 'can they grow?' They have proven they can grow. The issue is, can they turn a profit? I'm a real fan of e-commerce, but Amazon shows no path to profitability. It seems to me that their debt-servicing is going to eat up all their cash, now that they can't use stock to repay debt. Then the question becomes, can they raise more money? I doubt that the markets will want to hand them many more millions of dollars to burn. Is there anyone here that can make a clear case of how Amazon gets to profitability? Otherwise, I see them going down the tubes. This would not be a good thing, as it would probably hurt a lot of other companies as well.