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

To: Candle stick who wrote (1324)	1/22/1998 6:31:00 PM
From: Imran	Respond to of 164684

AMZN: BANCAM/ROB STEP made new estimate for quarter ending 12/97 of $-0.47 on 01/21/98 Beat that bozo's estimate by about a dime, I guess now they'll upgrade to strong buy. Let's see: 1) Zero year-to-year growth. 2) 7 points away from 12 month target. 3) Losing money faster than they can borrow it. 4) Higher revenues = higher losses. (Makes a bear wish they had made $100 million in revenues) 5) No profit visibility for over 3 years. 6) No entry barriers to protect from competitors. 7) Gigantic competitors sitting on doorstep. Yup, looks so good no wonder they initiated with a buy yesterday.