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

To: Rob S. who wrote (10641)	7/16/1998 7:06:00 PM
From: Jan Crawley	Read Replies (2) \| Respond to of 164684

Rob, As your post correctly stated, Amzn's last quarter(3 months) revenue is $87 Million. Here is the corresponding insider sells (half of the total revenue, which generated big losses, are already off the table. Money gone! biz.yahoo.com Jul 6, B&T sold 250K shares @137 = $33.5 million Jul 1, B&T sold 100K shares @109 = $10.7 million Jun 10, F&F sold 20K shares @55 = $1.1 million Total other insider sales(6 mons)= $21.5 million Total insider selling for past 6 months = $66.758 Million I believe that the B&T sells caused the reversal on July 7. MO players and short-term options players are in Amzn(as well as other I-stocks) for quick profits...they will not be interested to buy from the real sellers. Let's watch the Float. It would be nice that if 90% of the outstanding shares/as well as float are still in the sellers hands(a bit of wishful thinking in my part). To sell: 2 Million shares @ 113 = need $226 Million from the buyer 5 Million shares @ 113 = need $565 Million from the buyer How much money do they need from the buyers of those shares at much higher prices ($150, $160...$200, or whatever) What's Amzn's outstanding shares...We will be very interested to see how many of them are planing to sell how many shares? Thin float works wonder both ways. We will keep our eyes on the F/A analysis as always. But we will keep our eyes fixed on the "Float/sellers/mo options players" on a daily basis.

To: Rob S. who wrote (10641)	7/17/1998 6:41:00 AM
From: John May	Read Replies (1) \| Respond to of 164684

Whoa Rob! You're throwing the kitchen sink at me. We were talking about the difference in Gross Profit (Margin) of the two companies which is substantial and, I maintained, already factored into the stock price, and I used price times sales as a comparison to prove my point. According to WSRN.com today Amazon's PXS is 25.57, Yahoo!'s is 74.69. It's a pure coincidence that these numbers somewhat mirror gross profit, Amazon 22.1% (1Q98) as you point out, and Yahoo! at 88.5% (2Q98). I said and still believe that the market values a high margin company greater than a low margin company as the above demonstrates. A further demonstration is the Gross Profit number itself. Amazon and Yahoo! are similar size companies in this regard. 1Q98 Amazon GP = $19,321; Yahoo! GP = $26,289. Therefore market cap divided by gross profit would show an even greater disparity between the two. This is remarkable and even more so in light of the fact that, in terms of gross profit, Amazon's 1Q98 growth rate year-to-year was 449%, as you pointed out, and Yahoo!'s was only 205%. Bottom line: Yahoo! is a higher margin company than Amazon, and this fact is already reflected in total market capitalization of the two companies.