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


To: Glenn D. Rudolph who wrote (108158)9/8/2000 11:33:58 PM
From: Alomex  Read Replies (1) | Respond to of 164684
 
Lets see. Analysts are massively issuing new estimates for quarter ending in 9/00, almost all of them estimating losses of $0.32 per share.

IMHO this is the actual figure that AMZN will report. They were given guidance by the company as a bone from Bezos for making them look stupid with their buy ratings in February.

Using a pessimist projection of zero revenue growth this means losses of $115 million on sales of $577 million. Lets say that going forward losses increase to $150 million for each of the next five quarters, with the sixth one being near break even.

AMZN has enough money to survive that. If they go back to the market for more money it would be around Q4/2000 for and for an additional $100 million at the most.