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


To: Glenn D. Rudolph who wrote (3999)5/5/1998 6:51:00 PM
From: Candle stick  Read Replies (1) | Respond to of 164684
 
Here is a little comparisson of all 3 companies to make things a bit easier:

AMZN market cap...2.26 billion
BKS market cap....2.39 billion
BGP market cap....2.46 billion

AMZN debt...530 million
BKS debt....450 million
BGP debt....250 million

AMZN sales....144 million
BKS sales.....2.7 Billion
BGP sales.....2.3 Billion

AMZN LOSS.....(40) cents/share Q1
BKS profit....n/a
BGP profit....5 cents/share

Projected earnings(loss) from First Call:

AMZN....($-1.97) in 1998 and ($-.67)in 1999
BKS.....$ 1.13 in 1998 and $ 1.44 in 1999
BGP.....$ 1.21 in 1998 and $ 1.51 in 1999

ONLINE BOOKSTORES,,,,,all 3 companies have online bookstores (BGP opens this week)

Physical stores:

AMZN...NONE
BKS....'1,200
BGP..... 1,000+ (?)

>>>>>WHY ARE PEOPLE PAYING APPROXIMATELY THE SAME PRICE FOR THESE 3
COMPANIES, WHEN CLEARLY AMZN IS NOT EVEN DOING 1/20TH THE SALES, NO PROFITS,
MASSIVE LOSSES, MASSIVE PROJECTED LOSSES FOR 2 YEARS, AND TREMENDOUS DEBT AT
HUGE INTEREST, 10%...???????

IT IS ALL HYPE AND A SEXY STORY........