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


To: Tom D who wrote (5870)6/13/1998 6:43:00 AM
From: Skeeter Bug  Read Replies (2) | Respond to of 164684
 
tom, please explain why amzn is worth 6 times more than barnes and noble? 2 more doublings equates to $12 billion in market cap. b&n is $2 billion.

i look forward to your cogent analysis.



To: Tom D who wrote (5870)6/13/1998 10:40:00 AM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
TomD<After the Q1 blowout earnings came out, my bullish postings were attacked from everywhere>
I'm sorry, I missed their blow out Earning's, or were you refering to their blow out sales increase?



To: Tom D who wrote (5870)6/15/1998 11:15:00 AM
From: Oeconomicus  Respond to of 164684
 
Slander? Tom, I suggest you read the proxy filing. At the time of the IPO (from the prospectus), KP owned 3,401,376 shares. As of 3/1/98, they owned only 2,749,070. That's a drop of 652,306 pre-split or 1,304,612 post-split. In dollars, that's almost $81 million. Now, it's possible that not all of those have actually been sold, but they have at least been distributed to limited partners of KP. Many 144s have been filed since late January and many of those appeared to be KP investors. McNealy's name, if I remember correctly, showed up in Barron's 144 filing table. Anyway, it's a helluva lot more than 50,000 shares. Challenge met!

Bob

PS: You're right. "Its not hard to answer this question."