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

To: Tom D who wrote (6209)	6/16/1998 3:30:00 PM
From: Oeconomicus	Read Replies (3) \| Respond to of 164684

If they can get 5.2 million visits in June according to Relevant Knowledge's way of making estimates, and if purchases are proportional to visits, then Q2 would show a 20% increase in revenues over Q1. Considering that Robby Stephens' number (probably sandbagging BTW) for Q2 is $103.3 million or 18.2% Q-to-Q growth, would 20% really impress anyone? Also, AMZN's RK numbers for April were 14% below March and 3.4% below February. May showed a little recovery, but was still 4% below March. Q1 revenues were impressive and, as a result, a Q-to-Q comparison this Q could lead to disappointment. OTOH, does anyone buying this the last few days even know what the revenues are, or even care? I don't think so.

To: Tom D who wrote (6209)	6/16/1998 3:36:00 PM
From: Walter High	Read Replies (1) \| Respond to of 164684

Tom D: I believe you are correct about the catalysts. For this stock to drop (as in plunge), it will need a catalyst, not just verbiage about being overvalued. If AMZN can show sales growth in line with expectations, the faithful are not going to lose faith. I think there are enough people out there who feel this is going to be the next MSFT or INTC and don't want to be left behind. Remember the stuff about investing $10 grand and being a millionaire 15 years later? I bet that a lot of people are thinking along those lines with AMZN. Walter High

To: Tom D who wrote (6209)	6/16/1998 8:41:00 PM
From: H James Morris	Read Replies (2) \| Respond to of 164684

TomD,you wrote< (I am painfully aware that I lost a lot of money last year, so I have no delusions of superiority when it comes to investing.) Dr. Tom, your post last weekend, helped me from taking the beating that, most of the other shorts have taken this week. I thank you for that post, which, in my mind confirms, why you should be listened to. I've always said, ' I'd rather be lucky than good, especially in a Casino', knowing @ times, I feel I'm the smartest F----r in the world.