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

To: Brett Behm who wrote (3547)	4/28/1998 11:20:00 AM
From: Gary Korn	Read Replies (3) \| Respond to of 164684

Like some of you already know, AMZN is just a mediocre company with an unjustified market cap. Brett, The market cap is unjustified (AMZN lost over $101,000 every day this past quarter, day after day, including Saturdays and Sundays). But, even though I am short based on this and other reasons, I still think it is a trendsetter in its industry, so it's better than mediocre. However, being a trendsetter will help little while it battles BKS, BGP and Bertelsmann. Gary Korn P.S. Had this been a leap year, AMZN would have lost an additional 1/2 cent per share this quarter. P.P.S. On average this quarter, AMZN has gained $7,900,000 in market cap each and every day (including Saturdays, Sundays and other non-trading days), even while it suffered losses of over $101,000 every day of the week.

To: Brett Behm who wrote (3547)	4/28/1998 11:36:00 AM
From: Gary Korn	Read Replies (1) \| Respond to of 164684

At the current burn rate of $101,000 per day, AMZN runs out of IPO cash (and starts running on debt or share dilution) in 233 days, or on December 17, 1998. Gary Korn