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


To: Bob Kim who wrote (108599)9/19/2000 2:58:28 PM
From: H James Morris  Read Replies (2) | Respond to of 164684
 
Bob, like everyone associated with Amazon.com...They must sign non-disclosure agreements...which means they can't discuss it.
Btw
Bob, what stocks are you into?
I added to NetScout (Ntct) today since I first bought it at the end of May.
A DB strong buy today made me do it.:-)



To: Bob Kim who wrote (108599)9/20/2000 10:24:43 AM
From: Glenn D. Rudolph  Respond to of 164684
 
"Amazon held its annual investor day in Reno, Nevada yesterday. The quality of
management and the magnitude of the long-term opportunity were as impressive as
usual, but the company provided little new information.
• Management set clear margin targets (25%-plus gross margin, double-digit operating
margin) and provided some high-level commentary as to how they intended to get there.
CEO Jeff Bezos also suggested that, if ecommerce develops the way he expects, the
company might be able to grow at a stunning 50% CAGR for the next ten years (please
see inside for valuation implications)."

I am lost. Amazon was nto able to provie even gross margins in Europe but we have this "(25%-plus gross margin, double-digit operating
margin)". Please explain this to me. Anyone??