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

To: Tom D who wrote (3647)	4/29/1998 2:41:00 PM
From: Candle stick	Read Replies (2) \| Respond to of 164684

>>>The general and specialty booksellers do not have AMZN's potential for growth. Neither do BKS and BGP. Bertlesmann does, and I wish I knew what they were up to lately. <<< Of course they do! they are the same! They have websites, search engines and huge inventories. they make PROFITS, they can get financing much easier than AMZN who must go to the junk and convertible market, and they have pricing power....the potential for growth has never been better for the competition....IMHO...;^) >>>AMZN will likely sell $500M worth of books in 1998. I anticipate revenues of ~$10B in 5 years (2003).<<< Based on how much they lose per book sale if AMZN ever achieves 1 billion in sales they will be in receivership......NO MONEY TO OPERATE, that is what is happening to AMZN right now. As was pointed out earlier AMZN is LOSING over $101,000 per day, everyday, seven days a week, 365 days a year,........great long term investment,huh? The stock price has completely decoupled from the reality of operating a business. At some point the 2 must converge again.......;^)

To: Tom D who wrote (3647)	4/29/1998 2:51:00 PM
From: Gary Korn	Respond to of 164684

AMZN just called to advise that the prospectus for the new junk bond should be on Edgar-Online today. I checked a few minutes ago and it is not showing up yet, but I would guess it shows up by late today. Gary Korn

To: Tom D who wrote (3647)	4/29/1998 2:54:00 PM
From: Alexander Pavlov	Respond to of 164684

<<Yes, as Ken P points out, it appears we are still using ancient techniques to value this revolution! I anticipate revenues of ~$10B in 5 years (2003) >> $10B worth of books in 2003? Have not you heard books will not survive this revolution? :-) Kind regards, Alex

To: Tom D who wrote (3647)	4/29/1998 3:22:00 PM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 164684

AMZN will likely sell $500M worth of books in 1998. I anticipate revenues of ~$10B in 5 years (2003). The general and specialty booksellers do not have AMZN's potential for growth. Neither do BKS and BGP. Tom, Could you please explain why BKS and BGP do not have AMZN's potential for growth? Glenn

To: Tom D who wrote (3647)	4/29/1998 4:41:00 PM
From: Kailash	Respond to of 164684

Tom - "AMZN will likely sell $500M worth of books in 1998. I anticipate revenues of ~$10B in 5 years (2003). The general and specialty booksellers do not have AMZN's potential for growth. Neither do BKS and BGP." Such exponential growth projections remind me of Zitel's. You can do it with almost anything - early exponential growth predicts the universe will consist of cucumbers in two million years. Crunch! There's no way a forum as open as the internet can be monopolized by a single player; it's much more open than any other mass media we've ever had. Kailash