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

To: Tom D who wrote (3003)	4/13/1998 8:02:00 PM
From: Candle stick	Respond to of 164684

Amazon.com to join Dow 30 index...... Barnes and Noble became a Fortune 500 company today and ranks 8th in highest return to investors at 147% last year......they had 2.7 billion in sales several hundred millions in earnings and 1200 stores, megastores and a website expected to yield 100 million in sales this year. The stock sells for 0.8 times sales with a 2.6 billion dollar market cap....that is all true..... AMZN was asked to become a member of the DOW 30 today.(NOT) BKS was passed over due to the fact that it was too stodgy and too profitable. "AMZN, not being burdened by profits, or any stores or megastores(also profitable) and having just 147 million in sales sports a market cap of 2.3 BILLION dollars almost equal that of BKS....however its price to sales ratio of 18 and rapid rise in stock price demonstrates the type of leadership this market needs and this index needs", said a Dow Jones spokesman. "We hope that the addition of AMZN to the DOW index will push us over 10,000 by Friday and we look forward to other leadership proven "blue" chips like YHOO and IBUY to join our index soon" ---Rotor Rueter news press----Afghanistan 18:39 Mon. after 6 beers----copyrite Warner bros.