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

To: Glenn D. Rudolph who wrote (131922)	9/26/2001 4:23:15 PM
From: Alomex	Read Replies (2) \| Respond to of 164684

With the latest events there is little doubt in my mind that, barring government aid, Amazon will declare bankruptcy. This will be done along the lines of Covad and Exodus, with the agreement of main creditors. Once Amazon removes payments on the distribution center, fires another 30-50% of their staff and converts all debt obligations to shares it will actually be in the path to profitability. Profits would be about $10-50 million a year. Give it a P/E multiple of 20 for a market cap of $200-1000 million dollars of which current shareholders might end up owning 0-20%.

To: Glenn D. Rudolph who wrote (131922)	9/27/2001 8:34:51 AM
From: H James Morris	Read Replies (2) \| Respond to of 164684

Glenn, this could be huge for Amazon.com. I guess where I'm confused is why would I book a trip thru amzn when I can book a trip directly thru expedia? I think Expedia just wants Amzns 35 million loyal customers. Is that what they call "brand" loyal? seattlep-i.nwsource.com

To: Glenn D. Rudolph who wrote (131922)	9/27/2001 8:41:05 AM
From: H James Morris	Respond to of 164684

"Our goal is the same that it's always been — to make Amazon the preferred place to come to find and buy anything," Miller said. "We don't think we do that by being the retailer of everything ourselves." seattletimes.nwsource.com