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

To: Father E. who wrote (7787)	6/26/1998 3:56:00 PM
From: Paul Merriwether	Read Replies (2) \| Respond to of 164684

Father imho the squeezers have already made enough money to show "big gains for the quarter". They would probably be wise to get out while the goin's good...

To: Father E. who wrote (7787)	6/26/1998 3:58:00 PM
From: trouthead	Read Replies (1) \| Respond to of 164684

To all Number crunchers. I know fundamentals mean nothing, but out of curiosity I thought I'd take a look at some other companies and try to figure out how much money AMZN would need in earnings per share to justify the current price. It looks like they would need to earn about 4 BILLION a year! In profits! That would give them earnings of $2 bucks a share. That is if the number of outstanding shares I looked up of 48.33 mill shares was correct. Does any of this sound about right? Thanks, Junior