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

To: Glenn D. Rudolph who wrote (108297)	9/11/2000 8:56:04 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

>What am I missing here? Nothing, other than you might be missing what Wall Street thinks...other than that your right on the $money.:-)

To: Glenn D. Rudolph who wrote (108297)	9/12/2000 12:54:20 PM
From: Alomex	Read Replies (2) \| Respond to of 164684

if the analysts continue to modify their losses to be greater, Amazon is not on the road to profitability. Did you notice that Blodget also adjusted his figures to $0.32 loss for Q3 2000? This seems to be guidance from AMZN. The 2001 loss estimate for the whole year is $150 million. I do believe AMZN is now near the break even point, and will post small losses in Q1 2001 through Q3 2001 with small profits in Q4 2000. However, long range I expect AMZN to have profits of 3-10% of sales, which means that even at $20 this company would be overvalued.