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


To: Glenn D. Rudolph who wrote (6868)6/20/1998 2:12:00 PM
From: F The  Read Replies (3) | Respond to of 164684
 
Excerpt from Barron June 22
Amazon.com's valuation defies conventional analysis. The company is expected to lose $1 a share this year and 50 cents in 1999 before turning a profit in 2000. "It's hard for me to understand why Amazon is worth 50% more than Barnes & Noble," says Hugh Lamle, executive vice president at M.D. Sass Investors Services. "Amazon has no earnings and just a Web site, while Barnes & Noble has earnings, a lot of bookstores and a smaller, but growing, Web site."

There is nothing new, but just want to add more and more analysts start to downgrade AMZN.

Felicia