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

To: patron_anejo_por_favor who wrote (111633)	11/5/2000 6:13:54 PM
From: Randy Ellingson	Read Replies (1) \| Respond to of 164684

At least all the talk about Amazon.com selling dollars for 90 cents has passed, since lately they cost a buck-twenty something. As for management guidance, apart from (ill-advised, we now know) early forecasts of pending profitability, seems as though they've maintained credibility in most investors' eyes. People haven't sold due to management (lack of) credibility; they've sold because they don't feel it's prudent to own the stock now (then). Let's check in with this one, when they report for Q4: iredge.com Fourth Quarter 2000 Expectations · Sales are expected to be between $950 million and $1.05 billion. · Gross margin is expected to be seasonally down compared to the third quarter of this year, although up strongly over the fourth quarter of 1999. · Pro forma operating losses are expected to be between 5% and 8% of sales. · Cash and marketable securities at year-end are expected to be over $1 billion. It's this last one any short would be most interested in, right? Randy