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


To: Victor Lazlo who wrote (116704)2/1/2001 3:01:04 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
There were some amzn bulls on this thread not long ago who used a 50% growth/yr for xx yrs assumption on which to base their wild estimates and arguments for amzn's viability.



Victor,

I know you were not making it up. I recall reading it. I believe Randy Ellingson (sp) agreed with it. I like him by the way. There were others touting that growth and projecting double digit net profits from it. I guess I perceive that is a lack of understanding compared to stupidity. The intital source of these numbers I do believe was started by Bezos if my memory is correct.

Glenn