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

To: Glenn D. Rudolph who wrote (6861)	6/20/1998 1:50:00 PM
From: F The	Read Replies (1) \| Respond to of 164684

Hi Glenn, It would be nice if someone can analyze what is the growth of internet users in 1998, 1999, 2000, 2001 (2001 is what RSBA expects 20-30 times earning) & so on. Use an optimistic percentage of Inet users buying average number of books at AMZN. Then, we would find out, giving all the favorable factors, AMZN still would not come out with P/E 50 by 2001. Lets be objective that many do buy from them; they are and will still be the biggest online book seller. But, No way it is going to be bigger than BKS or BGP. AMZN can't take a big chunk of theirs otherwise they are going to seriously attack AMZN. No need to say more because we will be talking the same thing over and over again which have been discussed. I like the way Cramer analyzed AMZN. Have a great weekend! Felicia

To: Glenn D. Rudolph who wrote (6861)	6/20/1998 9:26:00 PM
From: Tom Kearney	Read Replies (2) \| Respond to of 164684

Glenn - The point is I was funning you a bit re: your remarks that you will forever be against Amazon. This hardly seems the mindset for a rational investment strategy; sounds a bit like a holy war. I am a great believer in fundamentals, but have gotten swept up a bit w/ internet issues. The converse of 'buy on good fundamentals' is probably NOT 'short on weak fundamentals', but rather 'short on collapsing fundamentals'. IMHO, AMZN is intriguing because their sales growth is surging! What's going to happen to the stock price if sales are up 50% again next qtr? - which is very possible due to the new CD sales. As I posted once before, w/ 50 bazillion internet sites to choose from, branding may well be MORE important here than in a 'real' shopping mall. And Amazon has really put their heart into it. Borders and Barnes are doing it as an after thought. I have no respect for their copycat effort. The other deal though, is Cramer's article which Felicia sites. Shorting this stock is really swimming against the tide. I don't wish you bad, but I am now long AMZN, YHOO and AOL and I expect to make a lot of money. Fundamentally, the reality is these guys are going up, IMHO. Regards, Tom