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

To: H James Morris who wrote (128702)	7/21/2001 11:05:04 AM
From: Reilly Diefenbach	Read Replies (2) \| Respond to of 164684

The elephants should have chosen their internet champion more carefully, like selecting one with a viable business model and management that can make it work. E-commerce does have "wonderous prospects", as realized by eBay and Dell, and whomever someday makes e-tailing work profitably will have benefited from learning from the failures of Amazon, eToys, Pets.com, Webvan, et al. After Monday, Amazon's book value will likely be in excess of -$4.00 per share. The accumulated deficit will be approaching $3,000,000,000. It will be interesting to calculate their free cash flow and even more interesting to see how "they" will be able to prop up the stock price.

To: H James Morris who wrote (128702)	7/21/2001 7:22:38 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

""Clearly e-commerce is not going to have the kind of mass-market adoption that was once envisioned," Rowen said. "I don't hear anyone talking about 90% of the population shopping online anymore, or 20% of all retail being done online." Last fall, analysts estimated Amazon's 2001 sales at $5 billion. Now the company says it will likely be $3.4 billion. It's the difference, perhaps, between e-commerce dreams and reality. " So when we hear Mnnday that Amazon beat revenue projections, let's look at what they were prior to lowering the bar.